CFR > Title 24 - Housing and Urban Development > CHAPTER IX—OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > PART 1000—NATIVE AMERICAN HOUSING ACTIVITIES > SUBPART C—Indian Housing Plan (IHP) (§1000.201 to §1000.242) > 1000.242—When does the requirement for exemption from taxation apply to affordable housing activities?

1000.242—When does the requirement for exemption from taxation apply to affordable housing activities?

The requirement for exemption from taxation applies only to rental and lease-purchase homeownership units assisted with IHBG funds which are owned by the Indian tribe or TDHE.