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federalUnited StatesHousing Trust Fundaffordability_period
HTF affordability restrictions revive if the pre-foreclosure owner or a related party reacquires the property
htf.affordability_period.restrictions_revive_on_reacquisition · v1.0.0
Where the HTF affordability restrictions terminated on foreclosure or on a transfer in lieu of foreclosure, they are revived according to their original terms if, during the original affordability period, the owner of record before the foreclosure or deed in lieu of foreclosure, or any entity that includes the former owner or those with whom the former owner has or had family or business ties, obtains an ownership interest in the project or property.
'Family or business ties' is not defined in part 93, so identifying a related-party reacquisition is a documentary judgement about the acquiring entity's ownership, not a lookup.
- Confidence
- high
- Effective from
- 2016-01-01
- Last reviewed
- 2026-08-31
Evidence required
- Land use affordability covenant from an entitlement concession(at_least_one)
Citations
All sources verified within 1 day- Housing Trust Fund24 CFR 93.302(d)(4)
- Housing Trust Fund24 CFR 93.302(d)(3)