CRA: CD Investment

Posted By: Anonymous

CRA: CD Investment - 02/13/19 04:45 PM

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?
Posted By: Anonymous

Re: CRA: CD Investment - 02/15/19 03:59 PM

Orig Anon:
Any takers?
Posted By: Pale Rider

Re: CRA: CD Investment - 02/15/19 06:19 PM

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......