Maximizing the HUD Section 108 Loan Program
– Listen & Learn from Experts –
The HUD Section 108 Loan Program is a uniquely flexible federal financing tool that enables communities to invest in economic development, housing rehabilitation, public facilities, and other physical development projects. While loan sizes vary depending on the project, most loans generally fall in the $500,000 – $140 million range, and can be easily layered with other development finance tools to support community development.
Alongside its flexibility, the Section 108 Program is a federally guaranteed loan program that enables communities to apply for up to five times their latest CDBG entitlement amount, with flexible repayment terms and low interest rates.
So are you interested in taking advantage of the Section 108 Loan Program, but are unsure where to start? CDFA is here to help you! On Thursday, September 21 and 1:00 PM Eastern, CDFA will host Maximizing the HUD Section 108 Loan Program with an expert panel of speakers from HUD and major cities to give you thorough overview of the Section 108 Loan Program. You’ll learn how the program works, how it can be used with other development finance tools, and how cities around the country are using it. Don’t miss this opportunity to learn and find answers from the experts!