WASHINGTON — The Virginia Housing Development Authority this week expects to sell $107.3 million of homeownership mortgage bonds as part of its second act under the Treasury Department’s New Issue Bond Program.

The VHDA is the first housing finance agency that escrowed proceeds from the sale of bonds to Treasury through Fannie Mae and Freddie Mac under the NIBP to roll out a piece of their escrowed amount, according to Moody’s Investors Service analysts Rachael McDonald and Florence Zeman.

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