1. Regulations
  2. title 24
  3. chapter IX
  4. part 1000
  5. subpart C
  6. § 1000.242

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