WASHINGTON - Housing industry officials urged Congress yesterday to find ways to increase the amount of federal insurance provided for multifamily housing, a move that would boost low-income rental housing production and in turn lift issuance of tax-exempt bonds.

"The need for credit enhancement for financing affordable multifamily housing is overwhelming," James L. Logue 3rd, executive director of the Michigan State Housing Development Authority, told the House Banking Committee's subcommittee on housing and community development.

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