811 PRA FAQ
Q

Why are the Rental Assistance Contract (RAC) and Use Restriction not co-terminus?

Date Published: October 2015

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A

The statute requires a use requirement of 30 years. The maximum length of a RAC is 20 years. The expectation is that the RAC will be renewed at the end of the first 20 years.


Tags: 811 PRA Program Requirements - Use Agreement Program Requirements - Rental Assistance Contract

FAQ ID:

2627