CIT Provides $37M Investment for L.A.’s Jordan Downs Redev May 23, 2020 | 0 CIT and its Pasadena-based banking subsidiary CIT Bank, N.A., made a $37.3 million investment in the Jordan Downs Apartments Project, a 92-unit multifamily apartment complex, to support low-to-moderate income families in the Watts neighborhood of Los Angeles. Jordan Downs is the third phase of a larger redevelopment project taking place to improve the area. Posted in Business Leave a Comment Name (required) Email (will not be published) (required) Comment Click here to cancel reply. Related Posts VSEDC Hosts First Stop of SBA and Operation Hope’s National One Million Black Businesses by 2030 Tour September 23, 2022 | No Comments » AI-Generated Rapper Controversy Spotlights the Need for More Blacks and Other Minorities in Tech September 12, 2022 | 1 Comment » Gov. Newsom Signs Legislation Funding Nation’s First Black Women’s Think Tank September 12, 2022 | No Comments » Black Farmers Concerned Inflation Reduction Act Will Roll Back Promised Debt Relief August 19, 2022 | No Comments » EECI Completes 2022 Business Plan Enrollment & Sparks Interest in Blue-Green Economy in Black-Brown Communities August 19, 2022 | No Comments »