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24 CFR 1000.434 - How will HUD allocate the availability of loan guarantee assistance?

There is 1 rule appearing in the Federal Register for 24 CFR 1000. Select the tab below to view, or View eCFR (GPOAccess)
§ 1000.434
How will HUD allocate the availability of loan guarantee assistance?
(a) Each fiscal year HUD may allocate a percentage of the total available loan guarantee assistance to each Area ONAP equal to the percentage of the total NAHASDA grant funds allocated to the Indian tribes in the geographic area of operation of that office.
(b) These allocated amounts shall remain exclusively available for loan guarantee assistance for Indian tribes or TDHEs in the area of operation of that office until committed by HUD for loan guarantees or until the end of the second quarter of the fiscal year. At the beginning of the third quarter of the fiscal year, any residual loan guarantee commitment amount shall be made available to guarantee loans for Indian tribes or TDHEs regardless of their location. Applications for residual loan guarantee money must be submitted on or after April 1.
(c) In approving applications for loan guarantee assistance, HUD shall seek to maximize the availability of such assistance to all interested Indian tribes or TDHEs. HUD may limit the proportional share approved to any one Indian tribe or TDHE to its proportional share of the block grant allocation based upon the annual plan submitted by the Indian tribe or TDHE indicating intent to participate in the loan guarantee allocation process.

Title 24 published on 2012-04-01

The following are only the Rules published in the Federal Register after the published date of Title 24.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2012-12-03; vol. 77 # 232 - Monday, December 3, 2012
    1. 77 FR 71513 - Native American Housing Assistance and Self-Determination Reauthorization Act of 2008: Amendments to Program Regulations
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, HUD, Office of the Assistant Secretary for Public and Indian Housing
      Final rule.
      Effective Date: January 2, 2013.
      24 CFR Part 1000

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Title 24 published on 2012-04-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 24 CFR 1000 after this date.

  • 2012-12-03; vol. 77 # 232 - Monday, December 3, 2012
    1. 77 FR 71513 - Native American Housing Assistance and Self-Determination Reauthorization Act of 2008: Amendments to Program Regulations
      GPO FDSys XML | Text
      DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, HUD, Office of the Assistant Secretary for Public and Indian Housing
      Final rule.
      Effective Date: January 2, 2013.
      24 CFR Part 1000