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TO: BOARD OF SUPERVISORS
Contra
FROM: Harvey E. Bragdon
The industry is not arguing that the co-insurance program not be
terminated. It is important to understand, however, the important
role that FHA insurance plays in the financing of affordable
housing projects. It is important to recognize that some form of
co-insurance be available on a continuous basis in order for this
county and communities across the nation to address their
affordable housing obligations.
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