Maryland Department of Housing
and Community Development
Housing Revenue Bonds Series 2018 A

Maryland Department Of Housing And Community Development

Invest in Maryland affordable housing. Proceeds include loans and development costs of two multifamily affordable housing communities within Maryland and refund a portion of outstanding bonds for savings. See the summary below and read the Preliminary Official Statement under "Documents" for full details.


Issuance characteristics
  • Refunding
  • Contains callable maturities
  • Federally tax exempt
  • Revenue
  • Negotiated sale

Can I sell the bonds if I don’t want them anymore?

Yes, bonds sold through Neighborly are book-entry bonds with registered CUSIPs, and therefore are tradeable in the secondary market in the same way as any other registered municipal security. Read more here.

Can I transfer my bond to another brokerage account?

Absolutely, after the sale is completed, Neighborly can transfer bonds to a brokerage account at another institution. Fees may apply. Read more here.

Is there an investment minimum or maximum?

The minimum investment is determined by the minimum denomination of the issuance. In the case of this financing, it is $5,000. If there is a maximum, refer to Sales Condition under Project details tab.

What other risks should I be aware of when investing in bonds?

Please review the risks section of the Preliminary Official Statement for more information.

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