The U.S. Department of Housing and Urban Development (HUD) this week announced a new rule aimed at bolstering the department’s Section 184 Indian Housing Loan Guarantee program, with the goal to increasing lender participation and ensure access to potential Native American beneficiaries.
The final rule, published in the Federal Register on March 20 but formally announced this week, aims to strengthen the program by “clarifying rules for stakeholders” and cites increased demand as one reason for pursuing the rule.
There are a total of 30 program changes listed in the details ⇒
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