Administration Announces HFA Initiative Allocations

The Obama Administration today announced state and local allocations totaling $18.6 billion under its HFA Initiative’s New Issue Bond Program (NIBP).  In addition, the Administration revealed that it will be providing $10.5 billion in liquidity support to 23 HFAs under the Initiative’s Temporary Credit and Liquidity Program (TCLP) . 

Complete allocation data is available here (.XLS). For information on Treasury’s methodology for determining NIBP amounts, visit FinancialStability.gov.

For more information on the HFA initiative, please visit NCSHA’s resource page.