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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 · § 266.656

§ 266.656. Recovery of costs after final claim settlement.

44 words·~1 min read·/us/cfr/t24/s§ 266.656·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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