CHFA to issue $200+M in bonds

Connecticut’s housing-finance agency says it’s issuing more than $200 million in bonds to fund first-time homebuyers and spur development of affordable housing. In addition, CHFA said Monday it will issue $100 million of Series C bonds that TD Securities will buy. Proceeds will finance the development of affordable multifamily housing in addition to first-time homebuyer mortgages. Closing for both series is expected in early May.

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