Regulations last checked for updates: May 23, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025
§ 1000.141 - What is “useful life” and how is it related to affordability?

Useful life is the time period during which an assisted property must remain affordable, as defined in section 205(a) of NAHASDA.

[77 FR 71525, Dec. 3, 2012]
authority: 25 U.S.C. 4101
source: 63 FR 12349, Mar. 12, 1998, unless otherwise noted.
cite as: 24 CFR 1000.141