TITLE

New York City CRC OKs Smaller Fees for 'Nimble' Bond Program

AUTHOR(S)
Phillips, Ted
PUB. DATE
July 2009
SOURCE
Bond Buyer;07/29/2009, Vol. 369 Issue 33157, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the approval of a smaller fee schedule for borrowers under the new industrial and manufacturing bonded loan enhancement program by the New York City Capital Resources Corp. (CRC). It notes that the new bond program depends on the American Recovery and Reinvestment Act's expanded definition of manufacturing. Seth Pinsky, CRC chairman, states that the program offers support to small businesses dip into the credit markets.
ACCESSION #
43809348

 

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