New York State Housing to price $80.6 million revenue bonds Tuesday

By Sheri Kasprzak

New York, Sept. 18 - The New York State Housing Finance Agency is expected to sell $80.595 million in series 2009B affordable housing revenue bonds on Tuesday, according to a sales calendar.

The bonds (Aa2) will be sold through lead 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, construct new projects and acquire or rehabilitate projects.

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