LISC launches Neighborhood Revitalization Loan Fund to drive affordable rental housing development with funding from Morgan Stanley, Capital Magnet Fund

NEW YORK, NY – October 25, 2011 – (RealEstateRama) — The Local Initiatives Support Corporation (LISC) has leveraged a $5 million grant from the federal Capital Magnet Fund to launch the Neighborhood Revitalization Loan Fund – an affordable housing loan pool designed to stimulate the development and preservation of multifamily rental housing for low-income residents.


More info...

SHARE
Previous articleNorth Carolina Realtor Christina Ward integrates IDX Broker software onto dynamic real estate website
Next articleWashington home seekers benefit from IDX, Inc. real estate search solution