I think of it rather like a corporate bond producing income.

Louis I worker for five years in investment banking financing the infrastructure for large scale subdivisions using non-rated municipal bonds (Dirt Bonds). 

Thanks @Steven Bond.

Not tied to IHDA or Bond funds so money won't run out.

Having said that, I am working with a multi-store chain right now that just overpaid for a parcel....is paying through the teeth for construction.  

The market is over-saturated and even by now even grandma knows to pull what is left of her savings out and to stick it in some bonds or something.

Some people are so risk averse they are willing to settle for a percent or two on bonds, cds or similar.

If they put it in a CD or bond or interest bearing savings account which is the most likely option for someone retiring then their gonna get chicken scratch for a return, likely 2% or less.

I would probably post my PP bond and have a better chance at negotiation than a factoring co, not to mention much cheaper.

The dog is friendly when they are around but when we entered the house without them in the past he snarled and showed teeth.