New York State Housing Finance to sell $80.6 million in revenue bonds

By Sheri Kasprzak

New York, Sept. 17 - The New York State Housing Finance Agency is expected to sell $80.595 million in series 2009B affordable housing revenue bonds, according to a preliminary official statement.

The bonds will be sold through senior manager J.P. Morgan Securities Inc. The co-managers are Goldman, Sachs & Co.; Citigroup Global Markets Inc.; Merrill Lynch & Co. Inc.; Ramirez & Co. Inc.; and Roosevelt & Cross Inc.

The bonds are due 2010 to 2019 with term bonds due 2012, 2024, 2029, 2034, 2041 and 2045.

Proceeds will be used to fund mortgage loans, to construct new projects and to acquire or rehabilitate projects.

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