24 C.F.R. § 886.111 Term of contract.
Title 24 - Housing and Urban Development
A Contract may be for an initial term of not more than 5 years, renewable for successive 5 year terms by agreement between HUD and the Owner: Provided, That the total Contract term, including renewals, shall not exceed 15 years.
Title 24: Housing and Urban Development
PART 886—SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM—SPECIAL ALLOCATIONS
Subpart A—Additional Assistance Program for Projects With HUD-Insured and HUD-Held Mortgages
§ 886.111 Term of contract.
