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Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs

HUD · hud-other · Published 2015-11-03 · Effective 2015-12-03 · 80 FR 67634

Document

Document number
2015-28002
Federal Register citation
80 FR 67634
CFR reference
24 CFR 570
Type
Rule
Action
Announcement of fee.
Category
hud-other
Agency
US Department of Housing and Urban Development
Publication date
2015-11-03
Effective date
2015-12-03
Docket
Docket No. FR-5767-N-04

Abstract

This document announces the fee that HUD will collect from borrowers of loans guaranteed under the HUD's Section 108 Loan Guarantee Program (Section 108 Program) to offset the credit subsidy costs of the guaranteed loans pursuant to commitments awarded in FY 2016, as authorized by the Continuing Appropriations Act, 2016. Elsewhere in today's Federal Register, HUD is publishing a final rule that amends its regulations to permit HUD to collect fees for Section 108 guaranteed loans.

Source

Authoritative
Federal Register document
Machine
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