# Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs
> **US Department of Housing and Urban Development** · Announcement of fee. · Published 2015-11-03 · Effective 2015-12-03 · 80 FR 67634
## Document
- **Document number:** 2015-28002
- **Category:** hud-other
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 80 FR 67634
- **CFR reference:** 24 CFR 570
- **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
- [Federal Register document](https://www.federalregister.gov/documents/2015/11/03/2015-28002/section-108-loan-guarantee-program-announcement-of-fee-to-cover-credit-subsidy-costs)
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