C.F.R. » Title 24 » CHAPTER VIII—OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (SECTION 8 HOUSING ASSISTANCE PROGRAMS, SECTION 202 DIRECT LOAN PROGRAM, SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM AND SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM) › PART 886—SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM—SPECI…

24 C.F.R. § 886.111

Term of contract

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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.

Notes of Decisions
Cited in 2 cases, 1987–1992 · leading case: Little Earth of United Tribes, Inc. v. U.S. Dep't of Hous. & Urban Dev., 675 F. Supp. 497 (D. Minnesota 1987).
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Little Earth of United Tribes, Inc. v. U.S. Dep't of Hous. & Urban Dev., 675 F. Supp. 497 (D. Minnesota 1987). “24 C.F.R. § 886.111 . 20. On August 26, 1976, Little Earth and HUD executed a Section 8 contract which subsidized 128 of Little Earth’s 212 units.”
Woodstock Assocs. v. Kemp, 796 F. Supp. 898 (E.D. Va. 1992). “24 C.F.R. § 886.111 (1991) states that "[a HAP] [c]ontract 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.”
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