Can I clear money past its sell-by date of affordable housing?

6 months ago I purchased a brand alien townhome underneath the moderate income affordable housing program...I know I cannot trademark huge equity sour of this program, but I am still somewhat confused by the selling rights...since the affairs of state picked up $93,000 of the purchase price of the home i don't outright own it...if I longing to purchase this home (after 40 years!) i will hold to recompense this amount rear legs to the elected representatives...presently, my quiz is, if I desire to deal in prior to the 40 years, will I know how to generate anything vertebrae from my payments and $30,000 downpayment? (I will not own to repay the 93,000 to the policy if i choose to go previously 40 years)...

please answer if you own experience next to this type of housing program. Thank you

Answers:
You inevitability to read the contract you signed when you get money from the affairs of state. It should explain your rights and what is expected if you choose to market the property. Some contracts are prorated respectively year so that you gain more equity respectively year. You really should look through the agreement or find a attorney to do it for you. You may know how to contact the agency next to whom you deal. I am sure they could explain to you.

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