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Prospect News home > News index > List of issuers V > Headlines for Virginia Housing Development Authority > News item
Published on 9/9/2009 in the Prospect News Municipals Daily.

Virginia Housing Development plans $52.19 million in housing bonds

By Sheri Kasprzak

New York, Sept. 9 - The Virginia Housing Development Authority plans to price $52.185 million in series 2009E rental housing bonds, according to a preliminary official statement.

The bonds (Aa1/AA+/) will be sold through lead manager Wells Fargo Securities Inc. The co-managers are BB&T Capital Markets Inc., Davenport & Co. LLC, Merrill Lynch & Co. Inc., Morgan Keegan & Co. Inc. and Raymond James & Associates Inc.

The maturities have not been set.

Proceeds will be used to make rental housing loans.

The Virginia Housing Development Authority is based in Richmond, Va.


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