Lafayette city-parish official Marcus Bruno has paid off a controversial, federally funded personal business loan he received in 2016, our media partners at The Advocate report.
Bruno and his wife, Traci Bruno, obtained the loan less than one year after Mayor-President Joel Robideaux took office with Bruno serving as Robideaux’s governmental affairs assistant, the Advocate first reported.
According to the Advocate’s story, the couple secured a private loan with a mortgage on their home and to pay off the controversial loan. The chair of Lafayette Neighborhoods’ Economic Development Corp., the organization that issued the loan, confirmed for The Advocate that the loan had been paid off.
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