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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter IV - Office of Housing and Office of Multifamily Housing Assistance Restructuring, Department of Housing and Urban Development |
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Part 401 - Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market) |
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Subpart B - Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA) |
§ 401.301 - Partnership arrangements.
Latest version.
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§ 401.301 Partnership arrangements.
If the PAE is in a partnership, the PRA must specify the following:
(a) The responsibilities of each partner regarding the Restructuring Plan;
(b) The resources each partner will provide to accomplish its designated responsibilities; and
(c) All compensation to each partner, whether direct or indirect.