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

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 27, 2025

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.