24 C.F.R. § 883.606

Current through November 30, 2024
Section 883.606 - Administration fee
(a) The State Agency is responsible for administration of the Contract subject to periodic review and audit by HUD.
(b) The Agency is entitled to a reasonable fee, determined by HUD, for administering a Contract on newly constructed or substantially rehabilitated units provided there is no override on the permanent loan granted by the Agency to the owner for a project containing assisted units.

24 C.F.R. §883.606