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§266.656. Recovery of costs after final claim settlement.

24 C.F.R. § 266.656

If, after final claim settlement, the HFA recovers additional sums as the result of the sale of the project or otherwise, the total amount of such recovery shall be shared by HUD and the HFA in accordance with the prescribed percentage of shared risk.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d).

Source

Source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.