National Community Renaissance of California, based in Ontario, California, was founded in 1994 with the mission to create and preserve affordable housing communities. The organization focuses on providing sustainable and vibrant living environments through its development and property management services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NCRCAL 3.27% 2032-12-01 USDNational Community Renaissance Of California | United States | 2032-12-01 | 3.270 | 5.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, National Community Renaissance has been active in the bond market, initially issuing bonds in the early 2000s to finance its affordable housing projects. In 2017, the company completed a significant bond issuance worth $100 million, aimed at developing a large-scale mixed-use community in Southern California. Current yields on its bonds have been competitive, tapering around 4.5%, which is favorable compared to the industry average. This issuance not only reflects the company's commitment to growth but also aligns with ongoing partnerships with local governments to enhance community development.