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How do these investment plans eliminate the need for General Obligation Bonds from the City of Austin?

April 26, 2017Austin bonds city Eliminate Investment obligation plans

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How do these investment plans eliminate the need for General Obligation Bonds from the City of Austin?

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As AHFC becomes a more active developer, AHFC will be able to issue essential purpose bonds to finance the development of affordable rentals without the need for the city to issue General Obligations Bonds to finance the units.