§891.710. Term of PAC.
24 C.F.R. § 891.710
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.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1701q; 42 U.S.C. 1437f, 3535(d), and 8013.
Source
Source: 61 FR 11956, Mar. 22, 1996, unless otherwise noted.