SELECTION OF UNDERWRITING GROUP FOR SECTION 108 LOAN GUARANTEE PROGRAM THIS IS NOT A PROCUREMENT ACTION UNDER THE FEDERAL ACQUISITION REGULATION. This is a public announcement to generate interest in this action. For further information first visit the HUD Web site at http://www.hud.gov/cpd/108_web.html. For questions after visiting the Web site, call or e-mail Paul Webster on (202)708-1871, Internet e-mail address: paul_webster@hud.gov. You may also access the information by clicking on the link below to HUD's contracting page where you will find another link taking you to full details on this announcement. The Department of Housing and Urban Development is requesting purchase proposals from firms interested in purchasing obligations guaranteed under Section 108 of the Housing and Community Development Act of 1974, as amended (Section 108). It is anticipated that successful firms selected under this request will resell these obligations to the public as members of an underwriting group. The guaranteed obligations are trust certificates backed by a pool of notes guaranteed or eligible for guarantee by HUD. Interested parties, please refer to the Web site in the address above to download full details and requirements prior to submitting a purchase proposal. Purchase proposals must be received by HUD in the place designated no later than 6:00 p.m. Washington DC (EST) time, on September 22, 1998. WEB: Click here for a link to HUD's contracting home page,, http://www.hud.gov/cts/ctsoprty.html. E-MAIL: Click here to contact Paul Webster. Please visit Web, paul_webster@hud.gov. Posted 08/24/98 (W-SN241019).

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