JobsOhio Strengthens Ohio Port Authority Bond Fund Programs

JobsOhio recently announced that it has partnered with six qualified Ohio Port Authorities (including CFFA) that sponsor five regional investment-grade bond funds to establish $50 million in additional debt service reserves. “Our sincere thanks to JobsOhio and the other Ohio Port Authorities for their collaboration leading to enhanced reserves for our respective bond funds,” said CFFA President Jean Carter Ryan. “It’s a boost to our bonding capacity throughout the state.” Growing the Columbus Regional Bond Fund reserves is critical to maintaining and enhancing the bond fund credit rating as well as expanding bonding capacity to support more development projects, private investment, and job creation.   Investing in the bond fund reserve is an option for mission or impact investors.

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