24 CFR § 402.1 - What is the purpose of part 402?

---
identifier: "/us/cfr/t24/s402.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 402.1 - What is the purpose of part 402?"
title_number: 24
title_name: "Housing and Urban Development"
section_number: "402.1"
section_name: "What is the purpose of part 402?"
chapter_name: "OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "402"
part_name: "SECTION 8 PROJECT-BASED CONTRACT RENEWAL UNDER SECTION 524 OF MAHRA"
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. 1437(c)(8), 1437f note, and 3535(d)."
regulatory_source: "63 FR 48953, Sept. 11, 1998, unless otherwise noted."
cfr_part: "402"
---


# 402.1 What is the purpose of part 402?

This part sets out the terms and conditions under which HUD will renew project-based assistance contracts under the authority provided in section 524 of MAHRA.

[71 FR 2121, Jan. 12, 2006]