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Moody's rates Tenn. housing bonds Aa2
Moody's Investors Service said it assigned an Aa2 rating to the Tennessee Housing Development Agency's $60 million of homeownership program bonds issued 2008-1.
The issue consists of $5.05 million of issue 2008-1A (AMT) and $54.95 million of issue 2008-1B (non-AMT).
The outlook is positive.
Moody's also said it affirmed the Aa2 rating on all outstanding homeownership program bonds.
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