CHICAGO - The South Dakota Housing Development Authority recently was able to price a $113 million sale of notes and long-term bonds as other state housing agencies continue to postpone deals in a market largely shunning long-term housing debt.

The triple-A rated SDHDA scaled back its regular $100 million long-term bond issuance to $50 million in order to generate enough cash to continue its homeownership program while taking less of a hit on the relatively high interest rates in the current market.

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