News
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Section 184 Office of Loan Guarantee Fiscal Year 2021 Year End Closure Starts September 20th, 2021 08/19/2021
08/19/2021
At the end of every fiscal year, HUD and the Office of Native American Programs suspend activity for the Section 184 Native American Mortgage Home Loan programs to reconcile financial accounts and set up accounting codes for the next fiscal year. The closeout period typically lasts several weeks, extending from the end of one fiscal year through the start of a new fiscal year. HUD will begin its financial year-end closeout for Fiscal Year 2021 for the Section 184 Native American Mortgage Home Loan programs on Monday, September 20, 2021, and its financial year-end closeout for FY2021 for the Section 184A program on Wednesday, September 22, 2021. Lenders may continue to submit requests for case numbers, cohort numbers, and loan guarantee certificates during the closeout period but these requests will not be fulfilled until the Office of Native American Programs opens back up for Fiscal Year 2022.
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