Retention period

Retention period means:
(1) Five years from closing for an AHP-assisted owner-occupied unit where the AHP subsidy is used for purchase of the unit, for purchase in conjunction with rehabilitation of the unit, or for construction of the unit; and
(2) Fifteen years from the date of completion for a rental project.


12 CFR § 1291.1

Scoping language

As used in this part:

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