Homesteader Law and Legal Definition

According to 24 CFR 590.5 [Title 24. Housing And Urban Development; Subtitle B. Regulations Relating To Housing And Urban Development; Chapter V Office Of Assistant Secretary For Community Planning And Development, Department Of Housing And Urban Development; Subchapter C Community Facilities; Part 590 Urban Homesteading ], ‘homesteader’ means an individual or family that participates in a local urban homesteading program by agreeing to rehabilitate and occupy a property in accordance with § 590.7(b)(5).