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12 U.S.C. 1701q; 42 U.S.C. 1437f, 3535(d), and 8013.
61 FR 11956, Mar. 22, 1996, unless otherwise noted.
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The term of the HAP contract for assisted units shall be 20 years. If the project is completed in stages, the term of the HAP contract for assisted units in each stage shall be 20 years. The term of the HAP contract for all assisted units in all stages of a project shall not exceed 22 years.