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Published on 11/25/2009 in the Prospect News Municipals Daily.

New York State Housing set to price $70.8 million in revenue bonds

By Cristal Cody

Tupelo, Miss., Nov. 25 - The New York State Housing Finance Agency intends to sell $70.795 million in series 2009D affordable housing revenue bonds, according to a preliminary official statement.

J.P. Morgan is the senior manager of the negotiated sale. The co-managers are Goldman, Sachs & Co., Citigroup Global Markets Inc., Merrill Lynch & Co, M&T Securities, Inc., Ramirez & Co., Inc. and Roosevelt & Cross Inc.

The proceeds will be used to finance mortgage loans for the acquisition of multi-family housing projects.


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