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N.C. Schools Issue Bonds in N.C. Thanks to Policy Change

An effort to keep state dollars in North Carolina came to fruition today at the N.C. Capital Facilities Finance Agency (NCCFFA) meeting. This group, chaired by State Treasurer Brad Briner, adopted new guidelines earlier this year aimed at making it easier for nonprofit institutions, particularly schools, to issue bonds in North Carolina. Today, two schools used the flexibility afforded by that policy change to bring projects before the NCCFFA and the Local Government Commission.