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Shelby Co-Sponsors Disaster State Housing Recover Act

June 23, 2009 - (RealEstateRama) — Today, U.S. Senator Richard Shelby (R-Ala.), ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, joined Senator Evan Bayh (D-Ind.) in introducing the Disaster State Housing Recovery Act. This bill ensures that states with GO Zone or Heartland Act credits, such as Alabama, are treated as Congress intended when it provided the special allocations of credits to aid in their recovery from recent natural disasters