24 CFR Subpart B
Turnkey III Program Description
February 22, 2021
§
904.101
Introduction
§
904.102
Definitions
§
904.103
Development
§
904.104
Eligibility and selection of homebuyers
§
904.105
Counseling of homebuyers
§
904.106
Homebuyers Association (HBA)
§
904.107
Responsibilities of homebuyer
§
904.108
Break-even amount
§
904.109
Monthly operating expense
§
904.110
Earned Home Payments Account (EHPA)
§
904.111
Nonroutine Maintenance Reserve (NRMR)
§
904.112
Operating reserve
§
904.113
Achievement of ownership by initial homebuyer
§
904.114
Payment upon resale at profit
§
904.115
Achievement of ownership by subsequent homebuyers
§
904.116
Transfer of title to homebuyer
§
904.117
Responsibilities of homebuyer after acquisition of ownership
§
904.118
Homeowners association—planned unit development (PUD)
§
904.119
Homeowners association—condominium
§
904.120
Relationship of homeowners association to HBA
§
904.121
Use of appendices
§
904.122
Statutory preferences
Appendixes I-IV to Subpart B of Part 905
Appendix
I to Subpart B of Part 904
Annual Contributions Contract
Appendix
II to Subpart B of Part 904
Homebuyers Ownership Opportunity Agreement (Turnkey III)
Appendix
III to Subpart B of Part 904
Certification of Homebuyer Status
Appendix
IV to Subpart B of Part 904
Promissory Note for Payment upon Resale by Homebuyer at Profit
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