HOUSING SECRETARY AGREES TO SENATOR COLLINS’ REQUEST TO UPDATE FEDERAL REGULATIONS REGARDING...

HOUSING SECRETARY AGREES TO SENATOR COLLINS’ REQUEST TO UPDATE FEDERAL REGULATIONS REGARDING WOOD PELLET BOILERS

Washington, D.C. – March 1, 2012 – (RealEstateRama) — Under questioning today by Senator Susan Collins, Secretary of Housing and Urban Development Shawn Donovan agreed to update federal guidelines to classify wood pellet boilers as an “acceptable” primary heating source for the purpose of Federal Housing Authority (FHA) financing.

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