Nampa urban renewal agency saves almost $5 million on bond refinance (access required)

By: Sharon Fisher March 31, 2020 Comments Off

Just like refinancing a mortgage can save a homeowner money, refinancing municipal bonds can save a city or other municipal organization money. In the case of the Nampa Development Corp. (NDC), the city's urban renewal agency, that amounted to almost $5 million. The organization, which is staffed by the city, recently refinanced two bonds that it ...

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