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#2205993 - 02/13/19 04:45 PM CRA: CD Investment
Anonymous
Unregistered

Investment in a Airport Bond to fund terminal and runway expansion. Obviously the airport is located in a moderate/low income tract. Could the case be made that this supports community infrastructure development in LMI tracts?

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#2206327 - 02/15/19 03:59 PM Re: CRA: CD Investment Anonymous
Anonymous
Unregistered

Orig Anon:
Any takers?

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#2206370 - 02/15/19 06:19 PM Re: CRA: CD Investment Anonymous
Pale Rider Offline
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Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
How about economic development? Are there LMI jobs being added as a result of the expansion? Infrastructure development is not a specified CD purpose. You might argue revitalize/stabilize......
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Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


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