24 C.F.R. § 235.340 Time of payments.
Title 24 - Housing and Urban Development
The assistance payment shall be due on the first day of each month and shall be paid upon the receipt of a billing, on a form prescribed by the Secretary, from the mortgagee or its authorized agent.
Title 24: Housing and Urban Development
PART 235—MORTGAGE INSURANCE AND ASSISTANCE PAYMENTS FOR HOME OWNERSHIP AND PROJECT REHABILITATION
Subpart C—Assistance Payments—Homes for Lower Income Families
§ 235.340 Time of payments.