qualified rehabilitation loan
Defined in 1 place of the United States Code.
The term “qualified rehabilitation loan” means any owner-financing provided in connection with—
(i) a qualified rehabilitation, or
(ii) the acquisition of a residence with respect to which there has been a qualified rehabilitation,
Source
- 2013–present26 U.S.C. § 143Internal Revenue Code · Mortgage revenue bonds: qualified mortgage bond and qualified veterans mortgage bond · for purposes of this section
The term "qualified rehabilitation loan" means any owner-financing provided in connection with—
(i) a qualified rehabilitation, or
(ii) the acquisition of a residence with respect to which there has been a qualified rehabilitation,
but only if the mortgagor to whom such financing is provided is the first resident of the residence after the completion of the rehabilitation.
Source
- 1994–201526 U.S.C. § 143Internal Revenue Code · Mortgage revenue bonds: qualified mortgage bond and qualified veterans mortgage bond · for purposes of this section