
The Community Development Authority of the City of Glendale, Wisconsin, was established to support local economic development and revitalization efforts. The Authority offers a range of services including financing for public improvements, affordable housing initiatives, and commercial development projects to enhance the city's infrastructure and investment climate.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
GLEDEV 3.65% 2029-10-01 USDCommunity Development Authority of the City of Glendale Wisconsin | United States | 2029-10-01 | 3.650 | 3.66 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has issued several bonds to fund its developmental initiatives, beginning with its first bond issuance in 2001. A notable issuance occurred in 2015 when the Authority raised $5 million to finance infrastructure improvements, which significantly contributed to the growth of local businesses. As of 2023, the current yields of the Authority's bonds remain competitive within the industry, reflecting the city's continued economic resilience and attractiveness for investors, particularly in light of planned future developments aimed at bolstering the community's economic base.