Erie County offers “Bills Bonds” for residents to invest in new Bills stadium

Erie County is offering Buffalo Bills fans a unique opportunity to invest in the construction of the new Bills stadium through “Bills Bonds.” The county has committed $250 million towards the stadium, with $125 million still needed, which will be raised through these bonds. Unlike typical municipal bonds, fans can purchase these before institutional investors, with a minimum investment of $5,000. The bonds offer tax-exempt interest for New York residents. Erie County Comptroller Kevin Hardwick and Executive Mark Poloncarz emphasize that this is a rare investment opportunity, allowing local residents to contribute to the stadium’s construction while earning interest. The bonds will mature over 25 to 30 years, with the final interest rates determined after the order period ends. The tentative deadline for orders is September 23. For more information, visit buybillsbonds.com.

Source: Rochester First