New Investments by Local Banks Double Capacity of Affordable Housing Loan Pool

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New Investments by Local Banks Double Capacity of Affordable Housing Loan Pool

New Investments by Local Banks Double Capacity of Affordable Housing Loan Pool

A second round of funding from local banks is adding $6.3 million to the Housing Trust Silicon Valley 2015 Loan Pool that will help affordable housing developers expand multifamily housing opportunities in the Silicon Valley/Bay Area region. The initial 2015 Loan Pool was launched in 2015 with $7.8 million and has been used for financing…