Housing Finance Agencies administrating the “Hardest Hit Fund” in 18 states have helped more than 45,000 struggling homeowners facing possible foreclosure, and another 38,000 are under review for assistance through March 2012, said a U.S. Treasury official today.

Institutions taking part in the government’s Small Business Lending Fund increased loans in the last quarter of 2011 by $1.3 billion over the prior quarter — for a total of $4.8 billion more than the average lending in the four quarters before the fund was created, according to the U.S. Treasury.

Simplifying the tax code for small business owners and providing tax relief can help them tend to important issues, such as sales and hiring, according to the President’s framework for overhauling the corporate tax code.

U.S. Treasury Secretary Timothy Geithner has provided a list of Wall Street reform’s accomplishments as GOP presidential candidates have vigorously assailed the Dodd-Frank legislation of 2010, the impetus for much of the financial system’s overhaul.