# Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2025 and Solicitation of Comment
> **US Department of Housing and Urban Development** · Announcement of fee; request for comments. · Published 2024-09-25 · 89 FR 78239
## Document
- **Document number:** 2024-21706
- **Category:** hud-cdbg
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 89 FR 78239
- **CFR reference:** 24 CFR 570
- **Publication date:** 2024-09-25
- **Docket:** FR-6483-N-01
## Abstract

This document announces and solicits comment on 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 2025 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. The fee to offset credit subsidy costs is changing from 1.64 percent in Fiscal Year 2024 to 0.82 percent in Fiscal Year 2025.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2024/09/25/2024-21706/section-108-loan-guarantee-program-announcement-of-fee-to-cover-credit-subsidy-costs-for-fy-2025-and)
---
*MORVS · CC0 1.0*