24 CFR 1000.242 - When does the requirement for exemption from taxation apply to affordable housing activities?

Regulations last checked for updates: Feb 06, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

View all text of Subpart C [§ 1000.201 - § 1000.246]

§ 1000.242 - When does the requirement for exemption from taxation apply to affordable housing activities?

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.

authority: 25 U.S.C. 4101

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

cite as: 24 CFR 1000.242