Passbook Savings Rate Effective February 1, 2015
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.
See the full notice here: HUD Housing Notice H 2014-15
Leave a Reply
You must be logged in to post a comment.