Since 2009, bonds backed by payments on publicly financed single-family-home loans earned more than all other types of municipal bonds, according to data compiled by Bloomberg. They also had higher overall returns than the full market and U.S.
Deadline today for first round of VT hazard mitigation Irene assistance
In addition to FEMA's Public Assistance and Individual Assistance programs, federal mitigation funds are available to all Vermont towns through the Hazard Mitigation Grant Program (HMGP).
Charged with administering the program, Vermont Emergency Management is now accepting HMGP applications from towns and agencies in all Vermont counties in connection with the Tropical Storm Irene.
Another round of awards will be made in the spring, with an application deadline of March 16, 2012.
President’s budget proposes changes to federal housing credit, MRB and HUD programs
The Obama administration sent Congress its FY 2013 budget this week, proposing changes to the housing credit program to provide incentives for creating mixed-income housing and to allow a 30 percent basis boost for some 4 percent credit, tax-exempt bond-financed preservation projects. It also proposes repealing the mortgage revenue bond (MRB) program purchase price limit and refinancing restriction.