Code of Federal Regulations Title 24. Housing and Urban Development § 24.1000.147 When does housing qualify as affordable housing under NAHASDA?

(1) In the case of rental housing, at the time of the family's initial occupancy of such unit;

(2) In the case of a contract to purchase existing housing, at the time of purchase;

(3) In the case of a lease-purchase agreement for existing housing or for housing to be constructed, at the time the agreement is signed;  and

(4) In the case of a contract to purchase housing to be constructed, at the time the contract is signed.