The permanent loans will be guaranteed by the State of New York Mortgage Agency.
Previously, she was general counsel to the State of New York Mortgage Agency with extensive experience in housing and finance issues.
State of New York Mortgage Agency, $90 million of debt securities.
To further pare costs, they will be obtaining their mortgages from the State of New York Mortgage Agency.
State of New York Mortgage Agency, $217 million in revenue bonds.
The permanent loan will be insured by the State of New York Mortgage Agency, the key to making financing available.
State of New York Mortgage Agency, $50 million of remarketing bonds.
But there will be no income limits for buyers who do not need mortgages financed by the State of New York Mortgage Agency.
The mortgages carry interest rates of 9.78 percent and were backed by the State of New York Mortgage Agency.
Below-market rate mortgages will also be available through the State of New York Mortgage Agency and conventional lenders.
