25 C.F.R. § 256.10 When do I qualify for Category C assistance?
Title 25 - Indians
(a) You qualify for replacement housing assistance under Category C if you meet one of the four sets of requirements in the following table. (b) If you qualify for assistance under paragraph (a) of this section, you must sign a written grant agreement stating that, if you sell the dwelling within 10 years of assuming ownership: (1) The grant under this part will be voided; and (2) At the time of settlement, you will repay BIA the full cost of the dwelling. (c) If you sell the dwelling more than 10 years after you assume ownership, the following conditions apply: (1) You may retain 10 percent of the original cost of the dwelling per year, beginning with the eleventh year. (2) If you sell the dwelling after the first 20 years, you will not have to repay BIA. [63 FR 10134, Mar. 2, 1998, as amended at 67 FR 77921, Dec. 20, 2002]
Title 25: Indians
PART 256—HOUSING IMPROVEMENT PROGRAM
§ 256.10 When do I qualify for Category C assistance?
------------------------------------------------------------------------ You qualify for Category C assistance if * * * And * * * And * * *------------------------------------------------------------------------You own the dwelling in The dwelling cannot .................... which you are living. be brought up to applicable building code standards and to standard housing condition for $35,000 or less.You lease the dwelling in Your leasehold is The dwelling cannot which you are living. undivided and for be brought up to not less than 25 applicable building years at the time code standards and that you receive to standard housing assitance. condition for $35,000 or less.You do not own a dwelling... You own land that is The land has suitable for adequate ingress housing. and egress rights and economical access to utilities.You do not own a dwelling... You have a leasehold The land has on land that is adequate ingress suitable for and egress rights housing and the and economical leasehold is access to undivided and for utilities. not less than 25 years at the time you receive assistance.------------------------------------------------------------------------
