### Question
How is the "limited equity cooperative housing" defined?


### Answer
The term **limited equity cooperative housing** is defined in *26 U.S.C. § 143* as follows -

> 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 REQUIRE- > Subpart A-Private Activity Bonds**

