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 Posted in Business Leave a Comment Name (required) Email (will not be published) (required) Comment Click here to cancel reply.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 The Southern Truth: A Report Card for a Black Agenda On Black Economic Equity May 14, 2022 | 1 Comment » FREE SYMPOSIUM: Will Automation Take Your Job? April 29, 2022 | No Comments » Speakers Announced for 2022 Women’s Business Summit March 23, 2022 | No Comments » Critics to Gov. Newsom: Cut Gas Tax, Lower Prices at the Pump March 14, 2022 | No Comments » Calif. Black Women Leaders Talk Politics, Health, Economics and More February 14, 2022 | No Comments »