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Published on 8/26/2011 in the Prospect News Municipals Daily.

West Virginia Housing Development to sell $50 million housing bonds

By Sheri Kasprzak

New York, Aug. 26 - The West Virginia Housing Development Fund is set to price $50 million of series 2011A taxable housing finance bonds, according to a preliminary official statement.

The bonds will be sold through senior managers Raymond James & Associates Inc. and Morgan Keegan & Co. Inc.

The bonds are due 2012 to 2021.

Proceeds will be used to make mortgage loans to eligible individuals for rental properties in West Virginia.


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