---
kind: "section"
citation: "24 C.F.R. § 906.29"
title: "24"
number: "906.29"
heading: "Below-Market sales and financing."
url: "https://uscodex.org/cfr/24/906.29"
---

# §906.29. Below-Market sales and financing.


A homeownership plan may provide for below-market purchase prices or below-market financing to enable below-market purchases, or a combination of the two. Discounted purchase prices may be determined on a unit-by-unit basis, based on the particular purchaser's ability to pay, or may be determined by any other fair and reasonable method (e.g., uniform prices for a group of comparable dwellings, within a range of affordability by potential purchases). Below-market financing may include any lawful type of public or private financing, including but not limited to purchase-money mortgages, non-cash second mortgages, promissory notes, guarantees of mortgage loans from other lenders, shared equity, or lease-purchase arrangements.


## Notes

### Authority

Authority: 42 U.S.C. 1437z-4 and 3535(d).

### Source

Source: 68 FR 1172, Mar. 11, 2003, unless otherwise noted.