|
|
|
 |
Loan and Mortgage Terms Glossary |
 |
|
 |
Caip - Community Adjustment And Investment Program:
The United States Community Adjustment and Investment Program was created to help communities that suffered job losses due to changing trade patterns with Mexico and Canada following the North American Free Trade Agreement (NAFTA). The CAIP promotes economic implementation of the adjustment by increasing the availability and flow of credit and encourages business development and expansion in impacted areas. Through the CAIP, credit is available to businesses in eligible communities to create new, sustainable jobs or to preserve existing jobs.
|
|
|
|
|
|
|
| |
