National Equity Fund and Silicon Valley Bank Launch $110 Million Opportunity Zone Investment Fund to Create Affordable Housing in High-Rent California Districts
Through use of unique financing strategies, Santa Rosa, Coachella, Los Angeles and San Jose low-income residents will soon have new options for affordable housing Silicon Valley Bank (SVB) partnered with non-profit, tax credit syndicator, National Equity Fund (NEF), to commit $110,000,000 for affordable housing in Los Angeles and the Bay Area. Leveraging an innovative......