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Home » Store » Taxable » FHFB New Budget Represents 17% Increase

FHFB New Budget Represents 17% Increase

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Taxable

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The regulator for the Federal Home Loan Banks is looking to significantly increase its funding next year as officials with the Federal Housing Finance Board have approved a budget for 2005 that is 17 percent above this year’s spending plan. The Finance Board is set to receive $36.4 million for fiscal year ’05, the agency announced last week – a hefty $5.3 million increase from the $31.1 million budgeted for 2004. The four-member board passed the
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