Section 108 Loan Guarantee Program: Announcement of Fee To Cover Credit Subsidy Costs for FY 2026

Document 2025-20345 is a Final Rule published by the Department of Housing and Urban Development in the Federal Register on November 19, 2025. 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 2026 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. The fee to offset credit subsidy costs is changing from 0.82 percent in Fiscal Year 2025 to 0.58 percent in Fiscal Year 2026. View the original at https://www.federalregister.gov/documents/2025/11/19/2025-20345/section-108-loan-guarantee-program-announcement-of-fee-to-cover-credit-subsidy-costs-for-fy-2026.

No. Document 2025-20345 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.