The District of Columbia authorizes the issuance of up to $88 million in revenue bonds to refinance costs for the National Community Reinvestment.
The District of Columbia is authorized to issue up to $88 million in revenue bonds to refinance costs for the National Community Reinvestment Coalition. The bonds will be used to refinance costs related to a property located at 740 15th Street NW in Ward 2. The bonds will be issued in two series: $65.5 million in tax-exempt bonds and $22.5 million in taxable bonds. The bonds will be secured by a general obligation pledge of the National Community Reinvestment Coalition and will not be a liability of the District of Columbia.
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