24 CFR 886.111
§ 886.111 Term of contract.
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 886.111, § 886.111 Term of contract, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101365
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Full text
A Contract may be for an initial term of not more than 5 years, renewable for successive 5 year terms by agreement between HUD and the Owner: Provided, That the total Contract term, including renewals, shall not exceed 15 years.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.