24 C.F.R. § 982.521
§ 982.521 Rent to owner in subsidized project. (24 CFR Part 982)
Operative Text
24 C.F.R. § 982.521
(a) This section applies to a program tenancy in any of the following types of federally subsidized project: (1) An insured or non-insured Section 236 project; (2) A Section 202 project; (3) A Section 221(d)(3) below market interest rate (BMIR) project; or (4) A Section 515 project of the Rural Development Administration. (b) The rent to owner is the subsidized rent as determined in accordance with requirements for the applicable federal program listed in paragraph (a) of this section. This determination is not subject to the prohibition against increasing the rent to owner during the initial lease term (see § 982.309).
Source: Legislative text reproduced verbatim
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May 25, 2026
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