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24 C.F.R. Appendix III to Subpart B of Part 904—Certification of Homebuyer Status

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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Appendix III to Subpart B of Part 904—Certification of Homebuyer Status

(Subpart B)

State of _____

County of _____

This is to certify that (Homebuyer)

of the Home located at _______:

(1) Has achieved, within the first two years of his occupancy a balance in his Earned Home Payments Account (EHPA) of at least _____ dollars (representing 20 times the amount of the monthly EHPA credit applicable to said Home);

(2) Has met and is continuing to meet the requirements of his Homebuyers Ownership Opportunity Agreement; and

(3) Has rendered and is continuing to render satisfactory performance of his responsibilities to the Homebuyers Association.

Accordingly, said Homebuyer may, upon payment of the purchase price, exercise the option to purchase the Home in accordance with and subject to the provisions of his Homebuyers Ownership Opportunity Agreement.

Housing Authority ____________________
By ____________________

      (Signature and official title)

(Date)  __________

Homebuyers Association ____________________
By ____________________

      (Signature and official title)

(Date)  __________

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