§906.25. Ownership interests that may be conveyed to a purchaser.
24 C.F.R. § 906.25
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:
Ownership in fee simple;
A condominium interest;
An interest in a limited dividend cooperative;
A shared appreciation interest with a PHA providing financing; or
A leasehold under a bona fide lease-purchase arrangement.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 1437z-4 and 3535(d).
Source
Source: 68 FR 1172, Mar. 11, 2003, unless otherwise noted.