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Passbook Savings Rate Change Effective Feb. 1, 2015

November 06, 2014

 

 

Effective February 1, 2015, the passbook savings rate to be used for all move-in, initial, annual, and interim recertifications when a family has net assets over $5,000 is .06%. This .06% rate must be used until Multifamily Housing publishes and makes effective a new passbook savings rate.

 

For More Information, please see HUD Notice 2014-15

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