Purpose Investment
Investment property acquired to carry out the purpose of a governmental program for which the bonds are issued (i.e., conduit loans, mortgage notes, mortgage-backed securities and student loan obligations).
Investment property other than Purpose Investments.
Investment property acquired to carry out the purpose of a governmental program for which the bonds are issued (i.e., conduit loans, mortgage notes, mortgage-backed securities and student loan obligations).
Redemption of the bonds in the case of certain unexpected or one-time events occurring with respect to the bonds or the project financed with the proceeds of the bonds.