24 C.F.R. § 236.725 Term of contract.
Title 24 - Housing and Urban Development
The rental assistance contract shall be limited to the term of the mortgage or 40 years from the date of the first payment made under the contract, whichever is the lesser.
Title 24: Housing and Urban Development
PART 236—MORTGAGE INSURANCE AND INTEREST REDUCTION PAYMENT FOR RENTAL PROJECTS
Subpart D—Rental Assistance Payments
§ 236.725 Term of contract.
