24 C.F.R. § 906.25   Ownership interests that may be conveyed to a purchaser.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 906—PUBLIC HOUSING HOMEOWNERSHIP PROGRAMS
Subpart D—Program Administration

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§ 906.25   Ownership interests that may be conveyed to a purchaser.

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.

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