"The 9/11 attacks had a disproportionately harmful economicimpact on low- and middle-income residents," the report states."Yet the LMDC has primarily focused on the priorities of powerfulbusinesses and major property owners."

GJNY, a joint project of Good Jobs First and the Fiscal PolicyInstitute, says a majority of the allocations to date havebenefited neighborhoods where the median family income was higher."It's not enough," Bettina Damiani, project director of Good JobsNew York tells GlobeSt.com. "More can be done. I hope this shakesthings up and has people asking questions as well as puts in somechecks and balances."

The report also questions the makeup of the LMDC board which itsays is "dominated by corporate executives and real estateinterests," noting that a "striking" number of grants and contractswere awarded to organizations to which board members had ties orinterlocks. GJNY claims that groups without ties to the board havereported difficulty in accessing information about the status oftheir funding proposals.