§1000.242. When does the requirement for exemption from taxation apply to affordable housing activities?
24 C.F.R. § 1000.242
The requirement for exemption from taxation applies only to rental and lease-purchase homeownership units assisted with IHBG funds which are owned by the Indian tribe or TDHE.
Notes, amendments, and revision history
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.