Sales suffer for New Orleans ‘GO-Zone’ bonds

Published: July 29, 2009
Tags: bonds, Construction, credit market, development, Gulf Opportunity Zone, Hurricane Katrina, New Orleans, recovery, unemployment

Becky Bohrer AP Writer New Orleans — New Orleans got more than $1 billion for tax-free bonds to help spur development after Hurricane Katrina, but it’s finding few takers amid a tight credit market and lingering jitters about investing here nearly four years after the storm. About $740 million remains untouched. Nearly $500 million more [...]