New York State Housing Finance
Agency - Affordable Housing Revenue Bonds
2017 Series H & I

New York State Housing Finance Agency

Invest in affordable housing and earn tax free interest! Proceeds are expected to be used to finance mortgage loans for the construction or acquisition and rehabilitation of certain low-income multi-family housing projects. Please read the offering documents for details.


Issuance characteristics
  • Not callable
  • Federally tax exempt
  • Revenue
  • Negotiated sale

Can I sell the bonds if I don’t want them anymore?

Yes, bonds sold through Neighborly are book-entry bonds with registered CUSIPs, and therefore are tradeable in the secondary market in the same way as any other registered municipal security. Read more here.

Can I transfer my bond to another brokerage account?

Absolutely, after the sale is completed, Neighborly can transfer bonds to a brokerage account at another institution. Fees may apply. Read more here.

Is there an investment minimum or maximum?

The minimum investment is determined by the minimum denomination of the issuance. In the case of this financing, it is $5,000. If there is a maximum, refer to Sales Condition under Project details tab.

What other risks should I be aware of when investing in bonds?

Please review the risks section of the Preliminary Official Statement for more information.

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