24 CFR 220.830

§ 220.830 Debenture interest rate.

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 220.830, § 220.830 Debenture interest rate, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99914
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Full text

Debentures shall bear interest from the date of issue, payable semiannually on the first day of January and the first day of July of each year at the rate in effect as of the date the commitment was issued or as of the date the loan was endorsed for insurance, whichever rate is higher. The applicable rates of interest will be published twice each year as a notice in the Federal Register.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.