Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to 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.
Latest version.
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§ 891.710 Term of PAC.
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.