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Ohio Housing Finance Agency to sell $90.61 million revenue bonds
By Sheri Kasprzak
New York, Oct. 13 - The Ohio Housing Finance Agency is expected to bring to market $90.61 million in series 2010A variable-rate demand residential mortgage revenue bonds, according to a preliminary official statement.
The bonds (Aaa/VMIG1) will be sold on a negotiated basis with J.P. Morgan Securities LLC as the underwriter.
The bonds are due Sept. 1, 2029.
Proceeds will be used to finance residential mortgage loans.
Based in Columbus, Ohio, the agency provides low-cost mortgages for low- to moderate-income Ohioans.
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