Update of ALP Express Guide with new Delegations of Authority for ALP Express Loan Modifications

On August 17, 2022, SBA published Policy Notice 5000-816739 announcing the implementation of the additional authority that section 328(b) of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act temporarily provided to Certified Development Companies (CDCs) participating in the Accredited Lenders Program (ALP) for eligible 504 loans.