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Code · CFR · Title 24 — Housing and Urban Development · Part 266 — Housing Finance Agency Risk-Sharing Program for Insured Affordable Multifamily Project Loans · § 266.644

§ 266.644. Application for final claim settlement.

66 words·~1 min read·/us/cfr/t24/s§ 266.644·

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The HFA shall file an application for final settlement in accordance with the Commissioner's administrative procedures not later than 30 calendar days after any of the following:
(a)Sale of the property after foreclosure or after acquisition by deed-in-lieu of foreclosure; or
(b)Expiration of the term of the HFA debenture. \[59 FR 62524, Dec. 5, 1994, as amended at 85 FR 83445, Dec. 22, 2020\]
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