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7 CFR § 3560.258 - Terms of agreement.

---
identifier: "/us/cfr/t7/s3560.258"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 3560.258 - Terms of agreement."
title_number: 7
title_name: "Agriculture"
section_number: "3560.258"
section_name: "Terms of agreement."
chapter_name: "RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "3560"
part_name: "DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 1480."
regulatory_source: "69 FR 69106, Nov. 26, 2004, unless otherwise noted."
cfr_part: "3560"
---

# 3560.258 Terms of agreement.

(a) *Term of agreement.* Rental assistance agreements will have a term of the later of 12 months from the first disbursement of the obligation or when funds under the agreement are exhausted.

(b) *Replacing expiring obligations.* Rental assistance agreements may be renewed in accordance with § 3560.255(a)(1).

[87 FR 11283, Mar. 1, 2022]