A type of bond that allows for a portion of the proceeds acquired during the auction of the securities to be used for low-income housing. Public housing authority bonds are sold at auction under the U.S. Department of Housing and Urban Development. Funds acquired through the sale of these bonds may be used for a variety of reasons, including new construction of low-income housing or as a source of funds used to place more individuals in low-income housing.
Related information about public housing authority bond:
- Public Housing Authority Bond: Definition from Answers.com
obligation of local public housing agencies, which is centrally marketed through competitive sealed-bid auctions conducted by the U.S.
- public housing: Definition from Answers.com
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- What is public housing authority bond? definition and meaning
Definition of public housing authority bond: A type of bond that allows for a portion of the proceeds acquired during the auction of the securities to be used for ...
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Bonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide low-rent housing.
- public housing authority bond - Invest Definition
public housing authority bond definition: A bond that is issued by a local public housing agency and its proceeds used to construct or repair low-rent housing.
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Public Housing Authority Bond: Bonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide ...
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A municipal bond such as a public housing authority bond is usually structured as a dollar bond. Tax-exempt notes also are often structured as dollar bonds in ...