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Current as of January 02, 2025 | Updated by Findlaw Staff
A homeownership program may provide for sale to the purchasing family of any ownership interest that the PHA considers appropriate under the homeownership program, including but not limited to:
(a) Ownership in fee simple;
(b) A condominium interest;
(c) An interest in a limited dividend cooperative;
(d) A shared appreciation interest with a PHA providing financing; or
(e) A leasehold under a bona fide lease-purchase arrangement.
Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.906.25 Ownership interests that may be conveyed to a purchaser - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-906-25/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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