(Subpart B)
State of __________
County of __________
This is to certify that
(Homebuyer)
of the Home located at ______________:
(1) Has achieved, within the first two years of his occupancy a balance in his Earned Home Payments Account (EHPA) of at least __________ dollars (representing 20 times the amount of the monthly EHPA credit applicable to said Home);
(2) Has met and is continuing to meet the requirements of his Homebuyers Ownership Opportunity Agreement; and
(3) Has rendered and is continuing to render satisfactory performance of his responsibilities to the Homebuyers Association.
Accordingly, said Homebuyer may, upon payment of the purchase price, exercise the option to purchase the Home in accordance with and subject to the provisions of his Homebuyers Ownership Opportunity Agreement.
Housing Authority
By
(Signature and official title)
(Date) ____________________
Homebuyers Association
By
(Signature and official title)
(Date) ____________________
source: 39 FR 10966, Mar. 22, 1974, unless otherwise noted. Redesignated at 40 FR 15580, Apr. 7, 1975, and further redesignated at 49 FR 6714, Feb. 23, 1984.