The South Carolina State Housing Finance and Development Authority (SC Housing) is issuing $173 million in municipal bonds to finance mortgage loans for single-family homes in South Carolina. This includes $24.8 million in Series 2025 A mortgage revenue serial bonds and $148 million in Series 2025 A term bonds. The tax-exempt bonds are secured by the authority's revenues and have received an Aaa rating from Moody's. SC Housing aims to create affordable housing opportunities through various programs. BofA Securities is the lead underwriter for the offering.
Continue to full article
Leave a Reply