| ID | Status | Date | Public/Private | Industry | AHACPA Contact |
|---|---|---|---|---|---|
| #7265 | Closed | public | Multifamily | Les Sparks |
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We have a client that has a section 202 direct loan. In the past, the cfda listed on the sefa has been 14.157 although that is the capital advance program and not the direct loan one. Is 14.157 correct? I have been unable to find an alternative number. |
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From Les Sparks: For a direct loan, the CFDA remains 14.157. the only difference is that the Section 8 program is separate and should be show as 14.195 instead of the PRAC which stays under 14.157. AS far as the programs steps in the supplement, there are no real differences except tenant file testing must cover both the eligibility requirements of 157 and the requirements of 14.195. Other than that no real issues. |
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