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HUD Announces Fee to Cover FY 2017 Credit Subsidy Costs for Section 108 Loan Guarantee Program

October 06, 2016 Print ShareThis

On October 4, 2016, HUD released a Notice in the Federal Register announcing 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 FY 2017. This Notice sets the fee for Section 108 loan disbursements under loan guarantee commitments awarded in FY 2017 at 2.59 percent of the principal amount of the loan.

View the Section 108 Loan Guarantee Program: Announcement of Fee to Cover Credit Subsidy Costs for FY 2017.

Tags: Section 108