June 04, 2022 06:44 Updated Follow No, you must always use the property for your principal residence or sell it. Related articles What criteria must I meet to qualify for your (IHCDA) programs? Are there any assistance programs for individual needing help with utilties? Section 8 Housing? How does IHCDA's down payment assistance program work? Does refinancing anytime during the first nine years get rid of the recapture tax provision?