Bulletin 2024-055 HUD 184 Fiscal Year 2024 Year End Closure
Newrez LLC "Newrez" Approved Correspondent Clients; please note that The Office of Native American Programs has announced the start of HUD’s Fiscal Year 2024 financial closeout for the Section 184 Indian Home Loan program.
Lenders must submit all requests for a Cohort Number by the following deadline of September 22, 2024.
At the end of every fiscal year, HUD suspends activity for the Section 184 program to reconcile financial accounts and set up accounting codes for the next fiscal year. During this time, the Section 184 program is shut down, so no new financial obligations can be made. These programs will resume normal operations as soon as possible in the beginning of the new fiscal year.