What is “useful life” and how is it related to affordability?
24 C.F.R. § 1000.141
in effectEffective: 2024-07-01Useful life is the time period during which an assisted property must remain affordable, as defined in section 205(a) of NAHASDA.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-24.xmlFetched: 7/26/2026
