There are efforts to try and get more funds available to USDA for the Rural housing home loan.
Two members of the House–one from each party!-separately introduced bills that would raise fees on these USDA loans; the funds would be use to keep the program running. Neither program, put forth by Rep. Shelley Moore Capito R, W.Va. and Rep. Paul E. Kanjorski D, Pa., places additional cost on the taxpayers.The next step is discussion at committee level before a final bill is moved to the House floor. That’s expected to happen quickly, given the money is quickly dwindling during the key spring selling season. Ms. Capito “believes they will be able to work out any differences,” according to a spokeswoman.
via Bills Introduced To Extend ‘Zero Down’ Home Loans – Developments – WSJ.
