---
kind: "section"
citation: "24 C.F.R. § 982.521"
title: "24"
number: "982.521"
heading: "Rent to owner in subsidized project."
url: "https://uscodex.org/cfr/24/982.521"
---

# §982.521. Rent to owner in subsidized project.

- (a) **Applicability to subsidized project.** This section applies to a program tenancy in any of the following types of federally subsidized project:
  - (1) An insured or non-insured [Section 236](/cfr/24/236.md) project;
  - (2) A [Section 202](/cfr/24/202.md) project;
  - (3) A [Section 221(d)(3)](/cfr/24/221.md?p=d-3) below market interest rate (BMIR) project; or
  - (4) **A Section 515 project of the Rural Development Administration.**
- (b) **How rent to owner is determined.** The rent to owner is the subsidized rent as determined in accordance with requirements for the applicable federal program listed in [paragraph (a)](#a) of this section. This determination is not subject to the prohibition against increasing the rent to owner during the initial lease term (see [§ 982.309](/cfr/24/982.309.md)).

## Notes

### Amendments

[65 FR 16822, Mar. 30, 2000, as amended at 80 FR 8247, Feb. 17, 2015]

### Source

Source: 63 FR 23861, Apr. 30, 1998, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 1437f and 3535(d).

### Source

Source: 59 FR 36682, July 18, 1994, unless otherwise noted.

### Amendments

[65 FR 16822, Mar. 30, 2000, as amended at 80 FR 8247, Feb. 17, 2015]