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24 C.F.R. § 904.122   Statutory preferences.

Title 24 - Housing and Urban Development

Title 24: Housing and Urban Development
PART 904—LOW RENT HOUSING HOMEOWNERSHIP OPPORTUNITIES
Subpart B—Turnkey III Program Description

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§ 904.122   Statutory preferences.

In selecting applicants for assistance under this part, the LHA must give preference, in accordance with the authorized preference requirements described in 24 CFR 5.410 through 5.430. Notwithstanding those preferences, the LHA can limit homeownership admission to eligible homeownership candidates.

[59 FR 36651, July 18, 1994, as amended at 61 FR 9048, Mar. 6, 1996]

Appendix I—Annual Contributions Contract “Special Provisions for Turnkey III Homeownership Opportunity Project”

Appendix II—Homebuyers Ownership Opportunity Agreement (Turnkey III)

Appendix III—Certificate of Achievement of Homebuyer Status

Appendix IV—Promissory Note for Payment Upon Resale by Homebuyer at Profit

No modification may be made in format, content or text of these Appendices except (1) as required under state or local law as determined by HUD or (2) with approval of HUD.

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