Tag : affordable housing

Media Advisory: Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $1.5M for Senior Housing
Banking Fintech News

Media Advisory: Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $1.5M for Senior Housing

Business Wire
by Business Wire0
FHLB Dallas awarded the project a $1.5 million in Affordable Housing Program (AHP) grant to be used for construction. The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) tomorrow at a groundbreaking ceremony for Felician Village II, a three-story, 66-unit housing development for......
Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing
Fintech News

FHLB Dallas Announced that it has Awarded $28.4 Million in AHP

Business Wire
by Business Wire0
The Funding Will Create or Rehabilitate More Than 2,600 Housing Units The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that it has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and......
Equitable Announces Investment in SoLa Impact's Black Impact Fund
Fintech Funding News

Equitable Announces Investment in SoLa Impact’s Black Impact Fund

Fintech News Desk
by Fintech News Desk0
Commitment from Equitable’s General Account to support affordable housing and help advance economic mobility in underserved communities Equitable, a leading financial services company and principal franchise of Equitable Holdings has made an investment into the ‘Black Impact Fund’, the fourth fund of SoLa Impact. SoLa Impact, a Black-led real estate developer and......
FHFA Announces Increase in the Enterprises’ Low-Income Housing Tax Credit (LIHTC) Cap
Markets Mortgage News Property

FHFA Announces Increase in the Enterprises’ Low-Income Housing Tax Credit (LIHTC) Cap

Fintech Staff Writer
by Fintech Staff Writer0
FHFA will support underserved markets, each Enterprise can now invest up to $850 million annually in Low-Income Housing Tax Credit or LIHTC To support underserved markets, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) can each invest up to $850 million annually in......
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