Housing Revenue Bond Resolution
Disclaimer
All information contained herein is obtained from sources believed to be accurate and reliable. Refer to the Official Statement and operative documents of each series for complete information of that issue. In particular, information provided herein relating to redemption provisions and call priorities is only a partial summary of the complete terms contained in the Official Statement and operative documents for each issue. Because of the possibility of human and mechanical error as well as other factors, however, such information is provided "as is" without warranty of any kind and, in particular, no representation of warranty, expressed or implied, is made nor to be inferred as to the accuracy, timeliness, completeness of any such information. Under no circumstances shall Kentucky Housing Corporation have any liability to any person or entity for (1) any loss or damage in whole or part caused by, resulting from or relating to any error (neglect or otherwise) or other circumstances involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, communicating or delivering any such information, or (2) any direct, indirect, special consequential or incidental damages whatsoever, even if Kentucky Housing Corporation is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information.
THIS IS NOT AN OFFERING DOCUMENT
The preceding information relates to bond issues of the Kentucky Housing Corporation that have been sold and distributed in underwritten public offerings described in the related official statements. Each viewer of the preceding information acknowledges that (1) Kentucky Housing Corporation is not now by this document offering any bonds or other securities, not soliciting an offer to buy any securities, (2) this information is not to be construed an any description of Kentucky Housing Corporation or its programs in conjunction with any offering of bonds of Kentucky Housing Corporation – such offerings are only made pursuant to the appropriate official statements of Kentucky Housing Corporation – nor shall anyone assume from the availability of the following information that the affairs of Kentucky Housing Corporation, or its programs, have not changed since the date of this information, (3) no representation is made as to the propriety or legality of any secondary market trading of the bonds of Kentucky Housing Corporation by anyone in any jurisdiction and (4) Kentucky Housing Corporation does not hereby obligate itself in any manner to periodically or otherwise update this information.
Reports and Analysis
Secondary Market Disclosure Report - Housing Revenue Bond Resolution
KHC is offering the October 1, 2009 secondary market disclosure report as a way to help investors make informed decisions. The report features an expanded discussion of bond redemption, a presentation on redemption strategy including crosscalling practices and candidates, detailed information on call restrictions, a discussion on prepayments restricted by the 10-year rule and lock-outs on specific term bonds. The report also includes a comprehensive presentation of redemption history by bond series.
Standard & Poor's Corporation Analysis