DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ISSUES RULE: SECTION 108 LOAN GUARANTEE PROGRAM: ANNOUNCEMENT OF FEE TO COVER CREDIT SUBSIDY COSTS FOR FY 2027

WASHINGTON, Sept. 28 -- Department Of Housing And Urban Development has issued a rule called: Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2027.

The rule was published in the Federal Register on Sept. 28 by Ronald J. Kurtz, Assistant Secretary for Community Planning and Development.

Summary: 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 2027 in the event HUD is required or authorized by statute to do so, notwithstanding subsection (m) of section 108 of the Housing and Community...