10-1 CONGRESS APPROVES TEMPORARY GOVERNMENT FUNDING MEASURE :: The Construction Management Pro

10-1 CONGRESS APPROVES TEMPORARY GOVERNMENT FUNDING MEASURE

President Obama signed into law yesterday a continuing resolution (H.R. 3081) to keep government agencies operating at their fiscal 2010 funding levels until December 3.  The resolution also extends the current one-to-four-family high-cost mortgage limits for FHA, Fannie Mae, and Freddie Mac through fiscal 2011.  In addition, it extends FHA multifamily mortgage commitment authority at an annual rate of $20 billion.

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