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Real Estate & Property Law

: Housing Wire

Treasury Spends $4.1bn on Affordable Housing Programs

By AUSTIN KILGORE

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The amount of American Recovery and Reinvestment Act funds distributed to state agencies to promote affordable housing is running at nearly $4.1bn after the latest round of payouts, the Treasury Department said. Treasury launched the program in May to provide cash payments in lieu of tax credits to state housing agencies to spend on the development [...]

Full post as published by Housing Wire on December 22, 2009 (boomark / email).

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