> The funds, typically used to finance rail infrastructure, could now be tapped to help developers of office-to-residential conversions sited near transit facil

> The funds, typically used to finance rail infrastructure, could now be tapped to help developers of office-to-residential conversions sited near transit facilities. The problem here is that they tacked this onto a program designed for rail infrastructure financing instead of creating a new program. The rules and restrictions were designed for rail infrastructure projects and probably make sense in that context, but make no sense when applied to building projects.