NJ Economic Development Agency Sells $2.2 Billion in Bonds


credit: media.graytvinc

New Jersey's Economic Development Authority has recently reported to have sold almost $2.2 billion in bonds.

According to William Quinn, spokesman for the state Treasury Department, the state ďhit all its targetsĒ of terminating $750 million in interest-rate swaps, refunding variable-rate debt and refinancing state obligations.

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Federal Programs Related to - Community Development, General/Other

Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones




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Acumen Invests on Rwanda-based Coffee, Helps Rural Women


Acumen Invests on Rwanda-based Coffee, Helps Rural Women

Nonprofit impact investing firm, Acumen, has invested $1.2 million to KZ Noir, a Rwanda-based coffee processing company owned by Kaizen Venture Partners. The investment will equip KZ Noir the funds for working capital, debt refinancing, and capacity expansion.




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