24 C.F.R. § 891.710 Term of PAC.
Title 24 - Housing and Urban Development
The term of the PAC shall be 20 years. If the project is completed in stages, the term of the PAC for each stage shall be 20 years. The term of the PAC for 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 Nonelderly Handicapped Families and Individuals—Section 162 Assistance
§ 891.710 Term of PAC.