### Question
What does limited equity cooperative housing mean?


### Answer
**Limited equity cooperative housing** has the following meaning in *26 U.S.C. § 143*:

> any dwelling unit which a person is entitled to occupy by reason of his ownership of stock in a qualified cooperative housing corporation

#### Citation:
  - *26 U.S.C. § 143*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

