With the help of a $35 million tax-exempt bond issue, the Strategic Housing Finance Corp. (SHFC) is offering a lease-purchase homeownership program to low- and moderate-income families, giving them time to establish a solid lease history and to establish a minimum credit score that would allow them to become homeowners. The SHFC is a subsidiary established by the Housing Authority of Travis County, Texas, where Austin is located, and the program is available to any eligible family up to 120 percent of area median income. The maximum first mortgage amount for the program is $359,650. The size of the bond issue was determined after the underwriter, George K. Baum & Company, researched potential demand in this market.
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机译：在发行3500万美元免税债券的帮助下，战略住房金融公司（SHFC）向中低收入家庭提供了租赁购买房屋所有权计划，使他们有时间建立牢固的租赁历史并建立最低信用评分，使他们成为房主。 SHFC是由奥斯汀所在的德克萨斯州特拉维斯县住房管理局设立的子公司，该计划适用于不超过该地区中位数收入120％的任何合格家庭。该计划的最高第一抵押贷款金额为$ 359,650。在承销商乔治·K·鲍姆公司（George K. Baum＆Company）研究了该市场的潜在需求之后，确定了债券的发行规模。
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