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Have local governments issued bonds for brownfield redevelopment projects?

April 26, 2017bonds brownfield governments issued local Projects Redevelopment

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Have local governments issued bonds for brownfield redevelopment projects?

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Yes, cities can issue general obligation and general revenue bonds and then use the money for brownfield redevelopment. Bonds could be used in conjunction with a TIF project, with the intent to pay back the bonds using money generated from the tax increment over the life of the TIF.