November 2003 Table of Contents

FHA multifamily insurance authority restored

Congress has restored the commitment authority for the Federal Housing Administration's (FHA)multifamily insured loan program that had expired Sept. 16. At press time, President Bush was expected to sign the measure into law. Read more

Washington briefs

An internal Department of Housing and Urban Development (HUD) memorandum has industry groups fearing for exception rents, which allow some units to exceed prescribed fair market rents (FMRs) in the housing choice voucher program. Read more

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