Strengthening the Section 184 Indian Housing Loan Guarantee Program; Delay of Effective and Compliance Dates

Document 2024-13124 is a Final Rule published by the Department of Housing and Urban Development in the Federal Register on June 14, 2024, with an effective date of March 20, 2024. The Department of Housing and Urban Development (HUD) published in the Federal Register on March 20, 2024, a final rule to strengthen its Section 184 Indian Loan Guarantee Program by, among other things, clarifying rules for Tribes, lenders, servicers, and other participants. The final rule established an effective date of June 18, 2024. To provide time for HUD to develop and implement a comprehensive handbook for the Section 184 Program and to allow Tribes, lenders, servicers, and other participants time to conform their policies, procedures, and systems to comply with HUD's March 20, 2024, final rule, this rulemaking delays that effective date to December 31, 2024, and establishes a compliance date of March 1, 2025. View the original at https://www.federalregister.gov/documents/2024/06/14/2024-13124/strengthening-the-section-184-indian-housing-loan-guarantee-program-delay-of-effective-and.

No. Document 2024-13124 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.