### Question
What does priority purchaser mean?


### Answer
**Priority purchaser** has the following meaning in *12 U.S.C. § 4121*:

> (A) a resident council organized to acquire the housing in accordance with a resident homeownership program that meets the requirements of section 4121 [1](#4121_1_target) of this title

#### Citation:
  - *12 U.S.C. § 4121*
  - Heading: **CHAPTER 42-LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP > SUBCHAPTER I-PREPAYMENT OF MORTGAGES INSURED UNDER NATIONAL HOUSING ACT**

