24 C.F.R. § 891.165 Duration of capital advance.
Title 24 - Housing and Urban Development
The duration of the fund reservation for the capital advance is 18 months from the date of issuance with limited exceptions up to 24 months, as approved by HUD on a case-by-case basis.
Title 24: Housing and Urban Development
PART 891—SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES
Subpart A—General Program Requirements
§ 891.165 Duration of capital advance.