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Murfreesboro, Tenn. - The Board of Trustees of the Murfreesboro Community Investment Trust are scheduled to convene a significant meeting on Wednesday, January 24, 2024, at 4:00 p.m. The meeting will take place at the Municipal Airport Business Center Community Room, located at 1930 Memorial Blvd.
The agenda for the meeting includes crucial matters pertaining to investment management services, selection of custodian, adoption of investment policy, and consideration of asset allocation and inves .
(MURFREESBORO) The Murfreesboro City Council voted Thursday (2/8/2024) to approve the Community Investment Trust funding of qualified charitable organizations in FY25. $364,950, the amount available for distribution under the Trust agreement in FY25, will be distributed to twenty-nine (29) charitable organizations.
Council approval follows approval by the Community Investment Trust (CIT) Board of Trustees Jan. 24, based on recommend funding approval from the Committee on Contributions Jan. 23. .
A nonprofit sets up an investment structure where low-income neighbors can buy shares of the building every month for a low price, between $10 and $100.