🏡Extension of Compliance Date for Section 184 Housing Program
Strengthening the Section 184 Indian Housing Loan Guarantee Program; Extension of Compliance Date
Summary
This document extends the compliance date for HUD's final rule entitled "Strengthening the Section 184 Indian Housing Loan Guarantee Program" (the final rule). HUD is extending the compliance date from March 1, 2025, to December 31, 2025 to provide additional time for HUD to develop and implement a comprehensive handbook, to prepare new forms, and to allow Tribes, lenders, servicers, and other participants time to conform their policies, procedures, and systems to comply with the final rule.
Agencies
- Housing and Urban Development Department
Business Impact
$$ - Med
The extension of the compliance date for the Section 184 Indian Housing Loan Guarantee Program affects lenders, servicers, and tribal entities, providing them additional time to adjust to new compliance requirements. This is significant for financial institutions participating in the program and could influence business planning and operations.