BIRMINGHAM FIELD OFFICE ANNOUNCES FHA MORTGAGE LIMIT INCREASE FOR BIRMINGHAM - HOOVER MSA

BIRMINGHAM - The Birmingham Field Office of the U.S. Department of Housing and Urban Development received
notice from the Atlanta Single Family Homeownership Center that FHA mortgage limits for the Birmingham - Hoover MSA will be raised. The increase will be effective for all counties in the Birmingham - Hoover MSA, which are Shelby, Bibb, Blount, Walker, Chilton, Jefferson and St. Clair. The new limits are as follows:

Birmingham Field Office Director, Cindy Yarbrough, noted that, "We are very pleased to announce this increase in
the FHA mortgage limits for the Birmingham - Hoover MSA. With the rising cost of housing the previous FHA
mortgage limit made it difficult to use the FHA mortgage program in some of our communities in this area."

HUD is the nation's housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development as well as enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet and espanol.hud.gov.

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