The HUBZone Program’s rules will change on May 25, 2018 to delete the requirement that a HUBZone company owned by U.S. citizens be “directly” owned by those citizens.
Source: HUBZone Program: SBA Will Delete “Direct” Ownership Requirement – SmallGovCon
SBA Updates All Small Mentor-Protege Template with Affiliation Questions
With little fanfare, the SBA has updated the template for agreements under the All Small Mentor-Protégé