The Camden County Improvement Authority uses creative financing to implement projects for the common good of Camden County residents. As an autonomous County agency, the CCIA has access to financial options not available to local governments. Consequently, it is uniquely positioned to undertake projects that the County or its municipalities might not otherwise be able to accomplish.

By issuing revenue bonds, the Authority can generate substantial sums of money to finance large-scale projects through separate non-tax revenue sources or lease-purchase agreements. Moreover, it can do it expeditiously. Unlike towns or counties, which must operate within the limits of an annual capital budget, the Authority can finance a new project at any time. In addition, its financial flexibility can often result in considerable savings through lower interest rates and creative debt restructuring. As an example, the Authority has the flexibility to offer variable-rate or fixed rate bonds, as well as the ability to negotiate bond sales as well as facilitating competitive bidding.

For developers and employers in both the public sector and the private sector, the need to secure flexible, low-cost financing remains a challenge. The Authority offers evaluation of financial statements, business plan review, assistance on applications, preparation of financing recommendations, facilitating meetings with government officials, and providing official letters of support to create a positive environment.

The Camden County Improvement Authority constantly seeks new and innovative approaches to finance major projects in a number of essential areas. The CCIA can finance projects from A to Z.

For additional information on financing with the Camden County Improvement Authority please contact
James P. Blanda at (856) 751-2242.