24 CFR § 1000.141 - What is “useful life” and how is it related to affordability?

---
identifier: "/us/cfr/t24/s1000.141"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 1000.141 - What is “useful life” and how is it related to affordability?"
title_number: 24
title_name: "Housing and Urban Development"
section_number: "1000.141"
section_name: "What is “useful life” and how is it related to affordability?"
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "1000"
part_name: "NATIVE AMERICAN HOUSING ACTIVITIES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "25 U.S.C. 4101  42 U.S.C. 3535(d)."
regulatory_source: "63 FR 12349, Mar. 12, 1998, unless otherwise noted."
cfr_part: "1000"
---


# 1000.141 What is “useful life” and how is it related to affordability?

Useful life is the time period during which an assisted property must remain affordable, as defined in section 205(a) of NAHASDA.

[77 FR 71525, Dec. 3, 2012]