[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR883.606]



[Page 110]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL 

 

PART 883_SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM_STATE HOUSING 

AGENCIES--Table of Contents

 

             Subpart F_Housing Assistance Payments Contract

 

Sec.  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.