:mrgreen: You can be on that committee Eddie and make the sales videos.

I had one home in a very strict HOA that required submitting "all visible changes" like exterior paint, roof repairs, and even landscaping improvements to a design committee that met only once a month!

I have a whole box full from when I was a member of our local Active Transportation Committee.  

Would be fun to torment them via committee

My local banker uses my relationship with their bank as a way to get my loans approved when he takes my loan to the committee and tries to sell to his board why they should take my loan.Money sitting in an account might be dumb given inflation and IRR arguments but relationships will lead to deals, the ability to do deals, etc. 

It is pretty much non-existent in my company unless you are a part of the executive leadership committee (even then I would argue the effort portion is significantly smaller than their reward portion) but its better than where I am. 

The bill goes before the Transportation, Housing and Local Government committee on March 1.

That is when it goes to committee and then the VP or President comes back and says real rate and term is XYZ and buyer has already spent big funds up until that point.

While most commercial lenders will gather a financial statement and two years’ tax returns on each borrower, few Loan Committees spend more than 30 to 45 seconds flipping throughout them."

On the other side of this issue, February 2020 my company engaged Los Angeles on a PPP to build an apartment building on a lot they own that hasn't been used in 47 years, it went to the city council housing committee as they have first right of refusal before it can go the PPP route.