Royce Legislation Passes Committee, Eliminates Housing Trust Fund

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By California RealEstateRama -

Washington, DC – July 13, 2011 – (RealEstateRama) — Today, the House Financial Services Committee approved legislation introduced by Rep. Ed Royce (R-CA), the “Housing Trust Fund Elimination Act.” Royce’s legislation eliminates the Affordable Housing Trust Fund established in 2008 as part of the Housing and Economic Recovery Act.

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