TD Securities

Hempstead LDC approves $28M in Adelphi bonds

By GREGORY ZELLER // The Town of Hempstead Local Development Corp. is once again backing a regional school’s expansion efforts with a nod for tax-exempt bonds. The LDC, which in 2018 approved the sale of $15 million in tax-exempt bonds for Molloy College’s dorm-construction project in Rockville Centre, has done the same for up to $28 million in tax-exempt bonds on behalf of Adelphi University. The Garden City university will put $6 million toward the…