april 13th: USDA Funding Update - New Bill Introduced April 13th - 04/14/10 09:52 AM
On Tuesday, April 13, 2010, USDA sent out an announcement that funds were being exhausted at the rate of around $100 million per day.  They also urged everyone to contact their Congressman to impress upon them the importance of continued USDA funding availability. 
This comes shortly after Congress recessed for spring break without resolving this critical issue.  Earlier today, it was announced that yesterday, Rep. Shelley Moore Capito, R-W.VA, introduced new legislation regarding the continued funding for USDA loans.
Capito Introduces Bill to Continue Access to Home Ownership in Rural Communities
Legislation Would Increase USDA Rural Housing Loan Guarantee Program's Capital Reserve
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