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
Stay in touch with neighbors from across the country with our curated collection of stories worth caring about.
How Credit Rating Agencies Affect Municipal Issuers
AAA Aaa Upgrade Downgrade On Watch These are the headlines investors most associate with credit ratings agencies.
Starting today we’re putting together the first cohort of cities to use the Neighborly platform and unlock the future of public finance. For this first group of innovators, we are waiving all fees. We’re calling it the Neighborly Bonds Challenge. Is your city ready to take the Challenge?
“After analyzing historical financial data, [William] Bengen concluded that a retiree with an investment portfolio split between stocks and bonds could ‘safely’ withdraw 4 percent from that portfolio during the first year of retirement and follow up with inflation-adjusted withdrawals in subsequent years. In 30 years, there would still be money left over, his research showed.”
“The L train tunnel, officially known as the Canarsie tube, was one of several subway tunnels swamped by Hurricane Sandy in 2012. Authority officials have said that the tunnel is safe, but that it requires major work to fix crumbling walls and to repair tracks and cables. The tunnel repairs and improvements to stations on the line are expected to cost more than $800 million, with the federal government expected to finance a large portion of it, officials said.”
The efficacy and real intention of minimum denomination has long been questioned, even when denomination was necessary to transact. Louis Brandeis argued against high denomination more than a century ago.