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State Housing Finance Agencies To Receive $18.6 Billion

Jon Lipe’s blog: “The Obama Administration announced state and local allocations totaling $18.6 billion under its HFA Initiative’s New Issue Bond Program (NIBP). In addition, the Administration revealed that it will be providing $10.5 billion in liquidity support to 23 HFAs under the Initiative’s Temporary Credit and Liquidity Program (TCLP). Complete allocation data is available here (.XLS). For information on Treasury’s methodology for determining NIBP amounts, visit FinancialStability.gov.”

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