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Code · CFR · Title 24 — Housing and Urban Development · Part 401 — Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-to-Market) · § 401.303

§ 401.303. PRA indemnity provisions for SHFAs and HAs.

39 words·~1 min read·/us/cfr/t24/s§ 401.303·

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When a PRA requires HUD to indemnify a PAE in accordance with section 513(a)(2)(G) of MAHRA, any payment under this indemnity is contingent upon the availability of funds that are permitted by law to be used for this purpose.
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