24 CFR 232.1011
§ 232.1011 Management agents.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 232.1011, § 232.1011 Management agents, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100037
- Permanent ID
ys:prov:100037@1- SHA-256
e11f75b82cac6065500ff564d3e54696c28e0f4197f6c858fc185becb9b5f2f7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) An operator or borrower may, with the prior written approval of HUD, execute a management agent agreement setting forth the duties and procedures for matters related to the management of the project. The management agent, each initial management agent agreement with that agent, and any amendments to such management agent agreements deemed material by the Commissioner must be acceptable to HUD and approved in writing by HUD.
(b) An operator or borrower may not enter into any agreement that provides for a management agent to have rights to or claims on funds owed to the operator.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.