Texas Housing Agency Preps $282M GO Zone Offering

Albanese, Ellizabeth
May 2006
Bond Buyer;5/23/2006, Vol. 356 Issue 32387, p30
Trade Publication
The article reports that the Texas Department of Housing and Community Affairs will price a 282.4 million dollars offering of mortgage bonds. The offering of highly rated-single family mortgage bonds in a deal will include the agency's first sale of debt issued under the guidelines of the 2005 federal Gulf Opportunity (GO) Zone law. The GO Zone component allows the agency to provide mortgage loans at significant savings to a wider group of borrowers.


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