What are economically targeted investments?

  • 1
  • Question
  • Updated 9 years ago
  • Answered
Photo of NYCTaxpayer


  • 303 Posts
  • 0 Reply Likes
  • happy

Posted 9 years ago

  • 1
Photo of FAQ Guru

FAQ Guru, Official Rep

  • 447 Posts
  • 5 Reply Likes
Official Response
New York City Pension Funds have successfully and prudently been invested in many Economically Targeted Investments (ETIs) that help the community and improve the quality of life. For example, these investments may finance the renovation or new construction of affordable housing, help create childcare facilities, senior citizen centers and thousands of construction jobs.