Local zoning ordinances and subdivision platting standards, in turn, are taken into account by financial institutions when loan decisions are made.
It is essential that planners not only make sure that lending institutions are cognizant of all relevant local plans and ordinances, but also seek the input of local bankers when formulating important land use recommendations. Not surprisingly, many planning commissions include a member with ties to the financial community.
Lending institutions constitute a pervasive force in the planning universe, but one often unseen or unnoticed by planning commissioners.
Virtually all land development requires the involvement of financial institutions, through loans or guarantees.