Michigan State Housing Development Authority Plans $362.3M Rental Housing Revenue Bond Sale

Monday, Aug 25, 2025 8:34 pm ET1min read

The Michigan State Housing Development Authority plans to sell $362.3 million of rental housing revenue bonds to finance and purchase multi-family mortgage loans, as well as a multi-family housing development. Proceeds will also be added to a capital reserve fund. The bonds have been rated AA+ by S&P Global Ratings with a stable outlook. BofA Securities is listed as the offering's manager.

Michigan State Housing Development Authority Plans $362.3M Rental Housing Revenue Bond Sale

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