Contract Rent.

Contract Rent. The rent payable to the Owner as required by HUD in connection with its mortgage insurance and/or lending functions, including the portion of the rent payable by the Family, not to exceed the amount stated in the Section 8 Contract as such amount may be adjusted in accordance with 886.112. In the case of a cooperative, the term Contract Rent means charges under the occupancy agreements between the members and the cooperative.

Source

24 CFR § 886.102


Scoping language

None
Is this correct? or