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Updated Requirements for Prepayment and Refinance of Section 202 Direct Loans

HUD has published Notice H 2012-08 “Updated Requirements for Prepayment and Refinance of Section 202 Direct Loans.”

 

The Notice provides guidance for the prepayment and refinancing of Section 202 Direct Loan projects. It also supersedes all outstanding policy regarding Section 202 Direct Loan prepayments, including Housing Notice 02-16 and Housing Notice 10-14.

 

Please find a copy of the Notice available here: http://portal.hud.gov/huddoc/12-08hsgn.pdf

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