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24 C.F.R. § 92.252

Citation
24 C.F.R. § 92.252
Source
Official source

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Table 1 to Paragraph ( d )(4)—Minimum Period of Affordability for Rental Housing

Rental housing activity
Minimum
period of
affordability
in years

Rehabilitation or acquisition of existing housing per-unit amount of HOME funds: Under $25,000
5

$25,000 to $50,000
10

Over $50,000 or rehabilitation involving refinancing
15

New construction or acquisition of newly constructed housing
20