The National Governors Association, key lawmakers, and a group representing state housing finance agencies are all urging the federal government to help provide liquidity for housing bonds, arguing the HFAs could issue $9.7 billion to $15 billion of debt this year if they had federal assistance.

The National Governors Association sent a letter April 1 to Treasury Secretary Timothy F. Geithner urging three actions for the government to take to stimulate the flow of housing bonds.

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