24 CFR §883.606
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The State Agency is responsible for administration of the Contract subject to periodic review and audit by HUD.
- (b)The Agency is entitled to a reasonable fee, determined by HUD, for administering a Contract on newly constructed or substantially rehabilitated units provided there is no override on the permanent loan granted by the Agency to the owner for a project containing assisted units.