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President Obama’s Proposed FY 2015 Budget Includes $46.7 Billion for Department of Housing and Urban Development (HUD) Programs

President Obama’s Proposed FY 2015 Budget includes significant and needed funds for the Department of Housing and Urban Development (HUD) Programs.  While, once again, the HOME Investment Partnerships (HOME) program and Community Development Block Grant (CDBG) programs take hits, other ... read more...

Obama’s Plan to Reform America’s Housing Finance Market: Phase out Fannie Mae and Freddie Mac

On Friday, the Obama administration submitted a report to Congress on reforming the housing finance market, which consists of reducing the government’s footprint in the housing market by winding down the Government –Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac. Mortgage giants Fannie ... read more...

The Obama Administration Announced New Initiatives for State and Local Housing Finance Agencies

The Obama Administration through the United States Department of Housing and Urban Development (HUD) annouced two new initiatives to help state and local housing finance agencies and the affordable housing industry. The first initiative is the New Issue Bond Program (NIBP), whereby the United ... read more...
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