§ 3560.258 Terms of agreement.

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Title 7 CFR: Agriculture › Chapter XXXV: RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE › Part 3560: DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS › Subpart F: Rental Subsidies › § 3560.258: § 3560.258 Terms of agreement.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(a)

Term of agreement.

Rental assistance agreements will have a term of the later of 12 months from the first disbursement of the obligation or when funds under the agreement are exhausted.

(b)

Replacing expiring obligations.

Rental assistance agreements may be renewed in accordance with § 3560.255(a)(1).

[87 FR 11283, Mar. 1, 2022]

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