- Guides and Training Manuals
Date Published: October 2015Print ShareThis
This fact sheet describes the process for deferring repayment of Flexible Subsidy Operating Assistance Loans (Flex Sub Loan) for Section 202 Direct Loans and Section 236 properties. The Flex Sub Loan repayment requirement can be an impediment to owners who are putting together an application to prepay and refinance a loan. This fact sheet describes the Flex Sub deferral rules, requirements, and process.