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NEW YORK CITY HOUSING DEVELOPMENT CORPORATION, NY - Moody's Research Report

Moody's assigns Aa2 ratings to New York City Housing Development Corporation's Multi-Family Housing Revenue Bonds 2012 D-1, 2012 D-2 and 2012 D-3 and affirms Aa2/VMIG 1 rating on 2009 Series H-2

Posted on: June 19, 2012, 11:02 am

NEW YORK, June 19, 2012 --Moody's Investors Service has assigned Aa2 rating to the sale of the $147.725 million New York City Housing Development Corporation's Multi-Family Housing Revenue Bonds 2012 Series D-1 (Fixed Rate), $14.6 million 2012 Series D-2 (Fixed Rate) and $123.185 million 2012 Series D-3 (Fixed Rate). We are also affirming the Aa2/VMIG 1 ratings on the $26.57 million 2009 Series H-2 bonds as well as the Aa2 ratings on all outstanding New York City Housing Development Corporation Multi-Family Housing Revenue Bonds and New York City Housing Development Corporation Multi-Family Housing Revenue Bonds (Federal New Issue Bond Program) at this time. The outlook on the ratings is stable...

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