§ 63044 Conduit Financing For Development

• •A bank can help pay for big projects that help the community grow, like building new factories or stores.
• •To get this help, someone must fill out an application and send it to the bank.
• •The bank will check the application quickly and decide if they can help with money.

A small town wants to build a new shopping center to create more jobs.

The town leaders fill out an application and send it to the bank. The bank looks at it fast and decides if they can lend money to build the shopping center.