“Cities have “limits,” drawn to mark populations and bound services, but they are porous as scrim. Cars, cash, freight and natural resources flow readily between neighboring jurisdictions, following the market more than any lines on a map. ”
“The world as Americans know it has been built using funding raised through municipal bonds. Do you park in public lots? Fly out of airports? Ever driven across a bridge? Many of the things that we take for granted in our day to day lives illustrate the importance of funding from municipal bonds.”
“Social impact bonds hold extraordinary potential. They represent a more effective way to distribute grant dollars, catalyze investment in the nonprofit sector, unlock impact data, and foster greater transparency and accountability. For a nonprofit sector that to date has been shackled with an opaque and inefficient capital market, any of these benefits would be transformative.”
Preserving historic music venues, building new waterfront bike lanes, supporting affordable housing, creating new public green spaces and adding a new fire truck are among the exciting public projects that Neighborly is supporting in 2017 as a result of the Neighborly Bonds Challenge.
"'It costs money to stop a project and it costs money to restart a project,' said, adding that Mercer County appealed to the NJDOT for permission to move forward with the Carter Road bridge project using state funds, but was unsuccessful."
SeanNews from the Neighborhood: September 20, 2016
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