Code of Federal Regulations · Section
§ 891.710 — Term Of Pac
24 C.F.R. § 891.710
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The term of the PAC shall be 20 years. If the project is completed in stages, the term of the PAC for each stage shall be 20 years. The term of the PAC for stages of a project shall not exceed 22 years.
Authorizing Statute
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Low-income housing assistance42 U.S.C. § 1437f
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Supportive housing for the elderly12 U.S.C. § 1701q