New $20B loan for FHA loan fund helps FHA keep building construction jobs

NEW YORK — New federal loan guarantees for FHAs construction loan fund are helping to keep construction jobs and the economy moving, the Treasury Department said Monday.The Treasury Department announced $20 billion in loan guarantees under the Federal Housing Finance Agency Loan Guarantee Program, which funds FHA-backed construction loan guarantees that were in place before the financial crisis.In a statement, […]

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