Thompson Announces Funding for Affordable Housing

WASHINGTON, DC – October 21, 2010 – (RealEstateRama) — Today Congressman Mike Thompson announced that the Rural Community Assistance Corporation will receive $2 million as part of the CDFI’s Capital Magnet Fund Program through the Treasury Department. These funds will allow the Rural Community Assistance Corporation (RCAC) to support local single and multifamily affordable housing projects in rural areas.