; and (B) an entity certified as a community development financial institution by the Community Development Financial Institutions Fund established under section 104(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4703(a) ). (2) Eligible household The term eligible household means a household described in subsection (e). (3) Participating jurisdiction The term participating jurisdiction has the meaning given the term in section 92.2 of title 24, Code of Federal Regulations, or any successor regulation. (4) Shared equity home The term shared equity home means a dwelling unit serving an eligible household that utilizes a ground lease, deed restriction, subordinate loan, or similar legal mechanism that includes provisions stating that— (A) the dwelling unit is intended to be kept affordable for subsequent eligible households; (B) the affordability term is not less than 60 years after recordation; (C) a resale formula applies that limits the proceeds of the homeowner upon resale; and (D) the shared equity homeownership program, its agent, or its assignee has a preemptive option to purchase the dwelling unit from the homeowner at resale. (5) Shared equity homeownership program The term shared equity homeownership program means a program that— (A) provides access to shared equity homes for eligible households; and (B) is administered by community land trusts, other nonprofit organizations, or State or local governments or instrumentalities. (6) Subsidy to cover the affordability gap The term subsidy to cover the affordability gap means the subsidy amount needed to make a dwelling unit affordable at a targeted area median income level in a targeted market, such as a census tract, neighborhood, county, city, or metropolitan statistical area, that— (A) accounts for the number of bedrooms in a dwelling unit and the area median income adjusted for family size