24 C.F.R. § 92.254

Citation: 24 C.F.R. § 92.254
Jurisdiction: United States (federal)
Source: Official source
Original Source: https://www.ecfr.gov/api/versioner/v1/full/2026-08-20/title-24.xml?part=92&se... ↗

Related Parts of This Source

24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254
24 C.F.R. § 92.254

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affordability.
( 3 ) Shared net proceeds. If the net proceeds are not sufficient to recapture the full HOME investment (or a reduced amount as provided for in paragraph (a)(5)(ii)(A)( 2 ) of this section) plus enable the homeowner to recover the amount of the homeowner's downpayment and any capital improvement investment made by the owner since purchase, the participating jurisdiction may share the net proceeds. The net proceeds are the sales price minus loan repayment (other than HOME funds) and closing costs. The net proceeds may be divided proportionally as set forth in the following mathematical formulas:
Formula 5 to Paragraph ( a )(5)( ii )(A)( 2 )