Invest in North Andover, MA
Earn tax-exempt income* while investing in North Andover
You can invest in a diverse set of projects in North Andover by buying municipal bonds through Neighborly. Bonds support projects ranging from schools and parks to bridges and highways, all critical to the development of communities and the state.
Projects funded by North Andover bonds
Merrimack College is using bond funding to build five new buildings on campus - two new academic buildings and three new residential buildings. The bond proceeds will also be used to renovate O'Reilly Hall and McQuade Library and to build a new 400-meter track and turf field.
Roads and Trails
A bond funding bill signed in 2014 sent transportation funding all over the state. This funding was used in North Andover to improve parts of Route 114 and several local roads and bridges. Nearby Haverhill also received funding to improve and expand the Bradford Rail Trail, a beautified walking trail built from defunct Pan-Am rail lines.
Edgewood Retirement Community
Local bonds supported the land purchase and expansion of the Edgewood Retirement Community in North Andover, a fully-equipped home for seniors. The proceeds are to build a new facility for those suffering early- to mid-stage dementia to help manage memory loss.
*Bonds will only be offered through Neighborly Securities, member FINRA, SIPC & registered with MSRB, pursuant to a preliminary official statement to be made available during the offering period. This information does not constitute an offer to sell or the solicitation of an offer to buy any securities. You will be responsible for making your own independent investigation and appraisal of the risks, benefits and suitability of any securities to be offered and neither the City of North Andover nor Neighborly Securities is making any recommendation or giving any investment advice.