Data / Federal rules / 2024-21706
Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2025 and Solicitation of Comment
The Housing and Urban Development Department published this final rule in the Federal Register on September 25, 2024. Comments closed on October 25, 2024.
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What the agency says
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.
Key facts
- Document number
- 2024-21706
- Type
- Final rule
- Action
- Announcement of fee; request for comments
- Agency
- Housing and Urban Development Department
- Published
- September 25, 2024
- Comments due
- October 25, 2024
- Dates
- September 25, 2024.
- Docket
- FR-6483-N-01
- Code of Federal Regulations
- 24 CFR 570
- Pages
- 3
Other documents from the Housing and Urban Development Department
Everything from the Housing and Urban Development Department · Published in September 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.