Due to the lapse in Congressional Appropriations for Fiscal Year 2019, the U.S. Department of Housing and Urban Development (HUD) is closed. HUD websites will not be updated until further notice. For more information, see HUD Contingency Plan for Possible Lapse in Appropriations.
Header Image for Print

Study of HUD’s Section 108 Loan Guarantee Program

Release Date: 
September 2012 (384)
Posted Date:   
September 24, 2012

Publication Icon

This report examines how the Section 108 Loan Guarantee program has been used as a source of financing for local economic development, housing rehabilitation, public facilities, and large-scale physical development projects, and what resulted from these investments, which are designed to benefit low- to moderate-income (LMI) persons. The program is designed to encourage private economic activity, providing the initial resources or simply the confidence that private firms and individuals may need to invest in distressed areas. This report also examines whether Section 108 funds were uniquely suited to the funded activities or whether other programs could do the job.

Click here for Section 108 Data