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General obligation bonds are government-issued bonds that require repayment from the state or local general funds. In recent years, cities are using these bonds as a flexible funding opportunity for affordable housing development and rehabilitation efforts. The flexibility of the funding allows it to be used as gap financing for housing developments and it does not have the same rigidity of federal programming. Examples of local general obligation bonds focused on affordable housing creation and housing rehab include: Portland, OR, San Francisco, CA, and Austin, TX. To determine if there is a general obligation bond for a particular jurisdiction, contact state or local finance departments and they can provide contact information for the department responsible for the administration of the bonds.