24 CFR § 906.29 - Below-Market sales and financing.
---
identifier: "/us/cfr/t24/s906.29"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 906.29 - Below-Market sales and financing."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "906.29"
section_name: "Below-Market sales and financing."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "906"
part_name: "PUBLIC HOUSING HOMEOWNERSHIP PROGRAMS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 1437z-4 and 3535(d)."
regulatory_source: "68 FR 1172, Mar. 11, 2003, unless otherwise noted."
cfr_part: "906"
---
# 906.29 Below-Market sales and financing.
A homeownership plan may provide for below-market purchase prices or below-market financing to enable below-market purchases, or a combination of the two. Discounted purchase prices may be determined on a unit-by-unit basis, based on the particular purchaser's ability to pay, or may be determined by any other fair and reasonable method (*e.g.,* uniform prices for a group of comparable dwellings, within a range of affordability by potential purchases). Below-market financing may include any lawful type of public or private financing, including but not limited to purchase-money mortgages, non-cash second mortgages, promissory notes, guarantees of mortgage loans from other lenders, shared equity, or lease-purchase arrangements.