Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2024
HUD · hud-cdbg · Published 2023-10-26 · 88 FR 73532
Document
Document number
2023-23665
Federal Register citation
88 FR 73532
CFR reference
24 CFR 570
Type
Rule
Action
Announcement of fee.
Category
hud-cdbg
Agency
US Department of Housing and Urban Development
Publication date
2023-10-26
Docket
FR-6411-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 2024 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.