24 CFR §982.309
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Initial term of lease.
- (1)Except as provided in paragraph (a)(2) of this section, the initial lease term must be for at least one year.
- (2)The PHA may approve a shorter initial lease term if the PHA determines that:
- (3)During the initial term of the lease, the owner may not raise the rent to owner.
- (4)The PHA may execute the HAP contract even if there is less than one year remaining from the beginning of the initial lease term to the end of the last expiring funding increment under the consolidated ACC.
- (b)Term of HAP contract.
- (c)Family responsibility.
- (1)If the family terminates the lease on notice to the owner, the family must give the PHA a copy of the notice of termination at the same time. Failure to do this is a breach of family obligations under the program.
- (2)The family must notify the PHA and the owner before the family moves out of the unit. Failure to do this is a breach of family obligations under the program.