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Pennsylvania Housing to price $81.39 million mortgage revenue bonds
By Sheri Kasprzak
New York, Aug. 30 - The Pennsylvania Housing Finance Agency is set to price $81.39 million of series 2011-113 single-family mortgage revenue bonds, according to a preliminary official statement.
The bonds will be sold through J.P. Morgan Securities LLC with Janney Montgomery Scott LLC and Morgan Stanley & Co. Inc. as the co-managers.
The bonds are due 2012 to 2022 with term bonds due in 2026, 2031, 2037 and 2041.
Proceeds will be used to finance single-family mortgage loans to qualified low- to moderate-income Pennsylvania residents.
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