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| | HUD Sets New Passbook Savings Rate for New England - HUD (Site not responding. Last check: 2007-10-20) |
 | | In a 9/30/02 memorandum to assisted-housing providers in New England, HUD's New England Regional Director, Kevin Keogh, announced that HUD economists have finished surveying the passbook savings rates of major banks in New England. |
 | | This was done for the purpose of updating the passbook savings rates used by housing providers during the income eligibility and recertification process. |
 | | On December 1, 2002, a new passbook savings rate of 1% will go into effect for the six states that make up the New England region (CT, NH, MA, ME, RI, VT). |
| www.hud.gov /local/shared/news/ipassbookmemo.cfm?STATE=me (146 words) |
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