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Bronx Politics and Community events
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The planned sales of $8.69 billion include $7.19 billion of new money and $1.5 billion of refundings and reofferings as follows:
The anticipated sales in the third quarter compare to past planned sales of $4.99 billion during the second quarter of 2022, and $6.75 billion during third quarter of 2021.
The State Comptroller’s Office chairs the Securities Coordinating Committee, which was created by Gubernatorial Executive Order primarily to coordinate the borrowing activities of the state, New York City, and their respective public authorities. All borrowings are scheduled at the request of the issuer and done pursuant to their borrowing programs.
A new schedule is released every quarter and updated as necessary. The schedule is released by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project approvals required by law. The collection and release of this information by the Office of the State Comptroller is not intended as an endorsement of the proposed issuances it contains, many of which will be subject to approval by the Office of the State Comptroller.
The prospective third quarter calendar includes anticipated bond sales by the following issuers: the New York City Transitional Finance Authority, the New York State Energy & Research Development Authority, the New York State Thruway Authority, the New York Transportation Development Corporation, the Port Authority of New York & New Jersey and the Triborough Bridge and Tunnel Authority.
Calendar:
Securities Coordinating Committee (SCC) Forward Issuance Bond Calendar
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At 80 percent of the AMI, there are four studios with a monthly rent of $1,576 for incomes ranging from $56,983 to $85,440; seven one-bedrooms with a monthly rent of $1,681 for incomes ranging from $60,995 to $96,080; and 13 two-bedrooms with a monthly rent of $2,002 for incomes ranging from $73,098 to $115,280.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 24, 2022.