Collingswood Redevelopment Moving Forward After Debt Upgrade

Moody’s recently lifted Collingswood out of the junk-pile when it upgraded their credit rating to the lowest investment grade last Thursday. NJBiz. com quotes Mayor Maley: ”Nothing changed on our end. All that changed was that (Moody’s) got a better understanding of what condition the town and the project is in,” Maley said. “Moody’s should have been giving me a gold star, not downgrading us.”