• Data and Limits

Current Availability of Section 108 Financing - CDBG Entitlement and State Grantees

Date Published: November 2018

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Description

This document provides information on existing borrowing capacity for Community Development Block Grant (CDBG) Entitlement Communities and States looking to apply for Section 108 guaranteed loans. (Non-entitlement communities can apply with their State’s support.) Section 108 offers state and local governments the ability to access low-cost, long-term federally guaranteed financing for housing, economic development, and infrastructure projects or loan funds. These borrowing capacity calculations are based on the FY 2018 CDBG grant awards as well as grantees' outstanding Section 108 guaranteed loans and commitments as of November 2018.

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Tags: CDBG Entitlement Program CDBG Insular Areas Program CDBG State Program Section 108 Loan Guarantee Program
Author Organization
  • HUD
Resource Approver
  • HUD Approved