24 CFR 883.606 - Administration fee.

§ 883.606 Administration fee.
(a) The State Agency is responsible for administration of the Contract subject to periodic review and audit by HUD.
(b) The Agency is entitled to a reasonable fee, determined by HUD, for administering a Contract on newly constructed or substantially rehabilitated units provided there is no override on the permanent loan granted by the Agency to the owner for a project containing assisted units.

Title 24 published on 2014-04-01

no entries appear in the Federal Register after this date.