Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2024

Compiled by PlainRegWatch · July 16, 2026

Agency

HUD

Document Number

2023-23665

Published

October 26, 2023

Effective Date

Abstract

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 2024 in the event HUD is required or authorized by statute to do so, notwithstanding subsection (m) of section 108 of the Housing and Community Development Act of 1974.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

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Frequently Asked Questions

What is the 2023-23665 Federal Register document?

Document 2023-23665 is a Final Rule published by the Department of Housing and Urban Development in the Federal Register on October 26, 2023. 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 2024 in the event HUD is required or authorized by statute to do so, notwithstanding subsection (m) of section 108 of the Housing and Community Development Act of 1974. View the original at https://www.federalregister.gov/documents/2023/10/26/2023-23665/section-108-loan-guarantee-program-announcement-of-fee-to-cover-credit-subsidy-costs-for-fy-2024.

Is document 2023-23665 an economically significant rule?

No. Document 2023-23665 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.

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