← Back to Full Inventory Table

Program

Section 108 Loan Guarantee Program

Department: HUD

The cabinet-level department or independent agency responsible for the program

Agency: Community Planning and Development

The specific agency or sub-agency that administers the program

Program Type:Credit / Loan / Guarantee

The functional category of the program
In Official FIP? Fully represented

(Distinct loan guarantee authority under CDBG.)

Confidence Level: Low

Authorizing Statute: 42 U.S.C. 5308

Funding Status: Credit subsidy / annual appropriations

Primary Source: https://uscode.house.gov/download/download.shtml

Notes: Loan guarantees backed by future CDBG allocations.

Additional details about data sources and custom mapping of data are available on the Data Details page.

Outlays (millions)

Actual money spent in FY2024

$0

Source: Account-group/reference mapping (medium confidence)

Obligations (millions)

Money the government committed to spend in FY2024

$300

Source: Account-group/reference mapping (medium confidence)

Budget Authority (millions)

The amount Congress authorized agencies to commit

$24

Source: Estimate: budget authority / subsidy proxy set at 8% of obligation volume for credit programs; see Fiscal Method.

Revenue Loss (millions)

Estimated revenue not collected due to tax policy (tax expenditures)

$0

Source: Account-group/reference mapping (medium confidence)

Primary Amount

The primary fiscal measure used for the program

$300

Dollar Basis

The primary fiscal measure used for the program

Obligations

Note: Primary basis is obligations for credit/guarantee-style programs.

Dollar Quality

How directly the dollar amount reflects observed data

Estimated

Actual = reported or observed spending, Estimated = derived from modeling or mapping, Carry-Zero = structural row with no direct dollars