---
kind: "section"
citation: "24 C.F.R. § 1000.147"
title: "24"
number: "1000.147"
heading: "When does housing qualify as affordable housing under NAHASDA?"
url: "https://uscodex.org/cfr/24/1000.147"
---

# §1000.147. When does housing qualify as affordable housing under NAHASDA?

- (a) Housing qualifies as affordable housing, provided that the family occupying the unit is low-income at the following times:
  - (1) In the case of rental housing, at the time of the family's initial occupancy of such unit;
  - (2) In the case of a contract to purchase existing housing, at the time of purchase;
  - (3) In the case of a lease-purchase agreement for existing housing or for housing to be constructed, at the time the agreement is signed; and
  - (4) **In the case of a contract to purchase housing to be constructed, at the time the contract is signed.**
- (b) Families that are not low-income as described in this section may be eligible under [§ 1000.104](/cfr/24/1000.104.md) or [§ 1000.110](/cfr/24/1000.110.md).

## Notes

### Amendments

[63 FR 12349, Mar. 12, 1998. Redesignated at 77 FR 71526, Dec. 3, 2012]

### Authority

Authority: 25 U.S.C. 4101 et seq.; 42 U.S.C. 3535(d).

### Source

Source: 63 FR 12349, Mar. 12, 1998, unless otherwise noted.

### Amendments

[63 FR 12349, Mar. 12, 1998. Redesignated at 77 FR 71526, Dec. 3, 2012]