Affordable Housing
There is a clear need for affordable housing developments in the United States. According to the National Low-Income Housing Coalition (NLIHC), there is a shortfall of 7 million affordable housing units available to rent for extremely low-income renters—families with household incomes at or below the poverty level, or at 30% of the median income of their area.
The PSP Lending Program seeks to fill the affordable housing gap by investing in properties benefiting individuals and families earning less than the area’s medium income. Certain properties focus on supporting higher risk disadvantaged communities including individuals with special needs, seniors and veterans.
Clark-Estes Apartments:
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Community Development
The program invests in facilities that service low- and moderate-income individuals, including transitional shelters for the homeless and healthcare centers.
237 Landing:
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Image Source: apartment.com |
Microfinance
The program invests in institutions that provide microfinance loans to individuals in developing regions—including Latin America, Eastern Europe, Southeast Asia and Africa—who have little or no access to traditional financial services.
Shared Interest:
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