By: Diane Benjamin Part 1 https://blnnews.com/2018/12/26/is-bloomington-a-bank/ Part 2 https://blnnews.com/2018/12/28/part-2-is-bloomington-a-bank/ Part 3 https://blnnews.com/2018/12/28/part-3-is-bloomington-a-bank/ One thing I haven’t posted yet is how much Community Block Grant money is loaned out. The list goes back to 1981, some of them are obviously un-collectible. Some of the people listed do not appear as owning a home in the County Assessor’s database […]
By: Diane Benjamin See Part 1 here: https://blnnews.com/2018/12/26/is-bloomington-a-bank/ The lists I received by FOIA show 4 types of loans. Deferred loans from the General Fund Loans receiving payments from the General Fund Deferred loans using CDBG money Loans receiving payments made with CDBG money The General Fund is tax money received locally. CDBG money is […]
By: Diane Benjamin This is going to be a multi-part project. Part 1. I’ve written before about all the “loans” that show up on bills and payroll. There are also numerous “grants”, but I’m not looking at those yet. Most, if not all, are labeled CD – Rehab. CD may stand for Community Development. Some […]
