Due to the lapse in Congressional Appropriations for Fiscal Year 2019, the U.S. Department of Housing and Urban Development (HUD) is closed. This website is supported by a cooperative agreement funded under a prior appropriation. Current functions will remain operational but no new functions will be added during the lapse in appropriations. For more information, see HUD Contingency Plan for Possible Lapse in Appropriations.
  • Guides and Training Manuals

Flexible Subsidy Loan Deferral Fact Sheet

Date Published: October 2015

Print 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.

Resource Links

Tags: Section 202 Section 236
Author Organization
  • HUD
Resource Approver
  • HUD Approved