Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2023
HUD · hud-cdbg · Published 2022-09-01 · 87 FR 53662
Document
Document number
2022-19009
Federal Register citation
87 FR 53662
CFR reference
24 CFR 570
Type
Rule
Action
Announcement of fee.
Category
hud-cdbg
Agency
US Department of Housing and Urban Development
Publication date
2022-09-01
Docket
FR-6341-N-01
Abstract
This document announces the fee that HUD will collect from borrowers of loans guaranteed under 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 Fiscal Year 2023 in the event HUD is required or authorized by statute to do so, notwithstanding subsection (m) of section 108 of the Housing and Community Development Act of 1974.