Regulation & law · 27/12/1996

OMB Approves Loan Guarantee Recovery Fund Regulation

The U.S. Department of Housing and Urban Development (HUD) has announced that the Office of Management and Budget (OMB) has approved the Loan Guarantee Recovery Fund regulation, which allows HUD to guarantee loans to nonprofit organizations affected by arson or terrorism. The approval number will be announced in a separate notice in the Federal Register.