1. LawStack
  2. Title 24 - Housing and Urban Development
  3. Subtitle B - REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT
  4. Chapter IV - OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
  5. Part 401 - MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET)
  6. Subpart B - Participating Administrative Entity (PAE) and Portfolio Restructuring Agreement (PRA)
  7. 24 CFR § 401.300
24 CFR § 401.300
What is a PRA?
February 22, 2021
CFR

A PRA is an agreement between HUD and a PAE that delineates rights and responsibilities in connection with development and implementation of a Restructuring Plan. The PRA must contain or incorporate by reference the matters required by section 513(a)(2) of MAHRA and §§401.301 through 401.314, as well as other terms and conditions required by HUD.

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§ 401.201 How does HUD select PAEs?
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§ 401.301 Partnership arrangements

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