24 C.F.R. § 891.565 Term of HAP contract.
Title 24 - Housing and Urban Development
The term of the HAP contract for assisted units shall be 20 years. If the project is completed in stages, the term of the HAP contract for assisted units in each stage shall be 20 years. The term of the HAP contract for all assisted units in all stages of a project shall not exceed 22 years.
Title 24: Housing and Urban Development
PART 891—SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES
Subpart E—Loans for Housing for the Elderly and Persons with Disabilities
Section 202 Projects for the Elderly or Handicapped—Section 8 Assistance
§ 891.565 Term of HAP contract.
