24 CFR 266.656 - Recovery of costs after final claim settlement.

Regulations last checked for updates: May 02, 2025

Title 24 - Housing and Urban Development last revised: Apr 20, 2025

View all text of Subpart G [§ 266.600 - § 266.658]

§ 266.656 - Recovery of costs after final claim settlement.

If, after final claim settlement, the HFA recovers additional sums as the result of the sale of the project or otherwise, the total amount of such recovery shall be shared by HUD and the HFA in accordance with the prescribed percentage of shared risk.

authority: 12 U.S.C. 1715z-22.; 42 U.S.C. 3535(d)

source: 59 FR 62524, Dec. 5, 1994, unless otherwise noted.

cite as: 24 CFR 266.656