Right now, HUD possess did not implement overall performance depending criteria for the Title I system
HUD Reaction. HUD continues to accept that including criteria would be a good risk government unit, and may even establish performance standards later. HUD thanks this new commenters for their recommendations, and values their render to utilize HUD towards the invention of these standards. HUD will take brand new statements at issue should it influence to make results based criteria for use from the Term I system.
Kments Regarding Small business Affects
Several commenters questioned HUD’s preamble qualification that suggested signal would not have a life threatening monetary effect on a substantial amount of brief entities (select 65 FR 17123, very first column).
Comment: The newest advised laws poorly treated small business issues. A couple of commenters disagreed on preamble statement proving that [t]the guy most of loan providers doing new Identity We program is higher depository organizations. Among commenters composed you to definitely its feel is quite the contrary. The next commenter detailed that the statutes determining exactly what constitutes an effective small business is actually issued from the Business Government (SBA).