Donovan: Sequestration could devastate Fed housing programs

Likewise, sequestration could harm the mortgage market. Many properties with Federal rental assistance contracts have mortgages insured and/or guaranteed by Federal entities-like HUD’s Federal Housing Administration (FHA) and USDA-or government sponsored entities (GSE)- i.e. Fannie Mae and Freddie Mac.

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One of those programs that has been instrumental in the housing recovery is the government’s insurer of home mortgages, the Federal Housing Administration. drivers of the housing recovery..

Donovan: Sequestration could devastate fed housing programs Florida single-family home prices up 14% over last year – Pat & Pam Troxel – Single family home sales for the month of March were up 28.6% over last year. cash sales were up 16% and pending sales up 14%. Contrary to last years trend, new homes listed (inventory) rose 23.9% over 2013 and the months supply of.

WASHINGTON (Reuters) – The Obama administration on Thursday warned that deep government spending cuts set to go into effect next month would have harsh consequences for housing programs and could..

Despite such positive appraisals, funding for supportive housing remains imperiled at the federal level. These cuts stem from everyone’s least favorite S-word: Sequestration. Many of the programs hit.

"The question is: Can the federal. with Donovan, said the $2 billion investment could have a significant impact on "stopping the spiral" of expenses that can sometimes devastate a family. Edin said.

Housing’s Second Leg Down our Finding Housing page (especially under the resources section). 8.. according to Federal Reserve data compiled by Bloomberg. The scaled-back rules mean that large swaths of bonds sold by.. Donovan: Sequestration could devastate Fed housing programs.

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More than 100,000 formerly homeless people – many of them veterans – would be kicked out of their housing or emergency shelters. cuts start hitting close to home. It could be reminiscent of the.

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