The passage of U.S. President Donald Trump’s post-NAFTA trade deal could be essential for a San Antonio-based bank that’s financed billions of dollars in South Texas infrastructure projects.
The North American Development Bank was created under the North American Free Trade Agreement as a source of funding for underserved communities along both sides of the border. It is funded in equal parts by the Mexican and U.S. governments. Texas has benefited from the bank’s presence more than any state on…