# 24 CFR § 401.300: What is a PRA?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-24-401.300

## Section

- **Citation:** 24 CFR § 401.300
- **Heading:** What is a PRA?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 24—Housing and Urban Development > Subtitle B—Regulations Relating to Housing and Urban Development > CHAPTER IV—OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > PART 401—MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET) > Subpart B—Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA)

## Text

A PRA is an agreement between HUD and a PAE that delineates rights and responsibilities in connection with development and implementation of a Restructuring Plan. The PRA must contain or incorporate by reference the matters required by section 513(a)(2) of MAHRA and §§ 401.301 through 401.314, as well as other terms and conditions required by HUD.

## Nearby sections

- [24 CFR § 401.1 § 401.1 What is the purpose of part 401?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.1.md)
- [24 CFR § 401.2 § 401.2 What special definitions apply to this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.2.md)
- [24 CFR § 401.3 § 401.3 Who may waive provisions in this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.3.md)
- [24 CFR § 401.99 § 401.99 How does an owner request a section 8 contract renewal?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.99.md)
- [24 CFR § 401.100 § 401.100 Which projects are eligible for a Restructuring Plan under this part?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.100.md)
- [24 CFR § 401.101 § 401.101 Which owners are ineligible to request Restructuring Plans?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.101.md)
- [24 CFR § 401.200 § 401.200 Who may be a PAE?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.200.md)
- [24 CFR § 401.201 § 401.201 How does HUD select PAEs?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.201.md)
- [24 CFR § 401.300 § 401.300 What is a PRA?](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.300.md)
- [24 CFR § 401.301 § 401.301 Partnership arrangements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.301.md)
- [24 CFR § 401.302 § 401.302 PRA administrative requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.302.md)
- [24 CFR § 401.303 § 401.303 PRA indemnity provisions for SHFAs and HAs.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.303.md)
- [24 CFR § 401.304 § 401.304 PRA provisions on PAE compensation.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.304.md)
- [24 CFR § 401.309 § 401.309 PRA term and termination provisions; other provisions.](https://www.frixlaw.com/law-library/statutes/ecfr-24-401.309.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-24-401.300. Check the current official text before relying on it. Not legal advice.