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 § 401.303
24 CFR § 401.303
PRA indemnity provisions for SHFAs and HAs
February 22, 2021
CFR

When a PRA requires HUD to indemnify a PAE in accordance with section 513(a)(2)(G) of MAHRA, any payment under this indemnity is contingent upon the availability of funds that are permitted by law to be used for this purpose.

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§ 401.302 PRA administrative requirements
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§ 401.304 PRA provisions on PAE compensation

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