WASHINGTON — Treasury Department officials are warning state and local housing finance agencies that the Obama administration’s recently unveiled temporary bond purchase program is oversubscribed and that agencies will likely receive less assistance than they requested as a result.

The officials issued the warning late last week and asked the HFAs to identify their peak years of issuance from 2004 to 2008 for both single-family and multifamily issues to help determine how much they should receive under the relief program. The agencies had to provide that information to the Treasury by noon on Monday, including Cusip numbers or other ways to verify the information.

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