New York State's Housing Finance Agencies Ranked First

Daily Record (Rochester, NY) › February 11, 2010

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Summary

New York State's housing finance agencies, for the third year in a row, led the country in financing multi- and single-family affordable housing in 2009, according to an announcement Tuesday.

According to rankings compiled by Thomson Reuters, the state's Housing Finance Agency and the State of New York Mortgage Agency (SONYMA) sold $1.22 billion in bonds in 2009 to finance the construction or renovation of affordable multi-family rental apartments and to purchase single-family mortgages for first-time homeowners.

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New York State's Housing Finance Agencies Ranked First

The bonds are revenue bonds of the agencies because the ...

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