Gov. Kemp approves issuance of $500-million in bonds to Georgia Housing and Finance Authority

Georgia Governor Brian Kemp signed an executive order allowing the Georgia Housing and Finance Authority to issue up to $500 million in single-family mortgage bonds. The funds will finance mortgage loans for eligible low and moderate-income residents, refund outstanding bonds, establish reserves, and cover issuance costs. A public hearing on the bonds was held on June 4.

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