Developing, Preserving and Investing in Affordable Apartment Communities
Monday, October 8, 2018
Using Municipal Bonds to Fund Affordable Housing Initiatives
Founded in 1990, Los Angeles-based investment firm SP Investment Fund invests in innovative medical technologies and socially impactful affordable housing communities. SP Investment Fund partners with LifeSTEPS, a nonprofit organization that provides case management and social services to low and very low income residents of affordable housing in California.
LifeSTEPS advocates for legislation such as Proposition 1, which would allocate $4 billion in municipal bonds, also known as obligation bonds, to fund housing initiatives for families, individuals, seniors, and veterans with low incomes. In above-average priced property markets such as San Francisco and Portland, funding affordable housing projects with bonds is an effective way to provide housing for residents with low-incomes.
These bonds often fund programs that tackle affordable housing from multiple angles, including building new affordable housing, renovating existing units, and developing down-payment assistance programs for homebuyers. Municipal bonds can be funded through property taxes or purchased as investment vehicles by private buyers.
Subscribe to:
Post Comments (Atom)
If you had financial problems, then it is time for you to smile. You only need to contact Mr. Benjamin with the amount you wish to borrow and the payment period that suits you and you will have your loan in less than 48 hours. I just benefited for the sixth time a loan of 700 thousand dollars for a period of 180 months with the possibility of paying before the expiration date. Make contact with him and you will see that he is a very honest man with a good heart.His email is lfdsloans@lemeridianfds.com and his WhatApp phone number is + 1-989-394-3740
ReplyDeleteHello everyone, I'm Patricia Sherman in Oklahoma USA right now. I would like to share with you my experience of borrowing USD 185,000.00 to clear my bank draft and start a new business. It all started when I lost my house and I took my stuff because of the bank policy and I met some bills and some personal needs. So I became very desperate and started looking for funds in every way. Fortunately for me, a friend of mine, Linda told me about a credit company firm, I was intrigued by the fraud, but I was intrigued by my situation and had no choice but to get advice from my friend about this company. contacting them really doubted me because of my past experience with online lenders, did you know that little? '' Elegantloanfirm@hotmail.com This company has been very helpful to me and my colleague and today, thanks to this credit company, the proud owner of well-organized work and responsibilities, they smiled back at me. So if you really need to grow or start your own business, or if you really need to borrow money in any financial hardship, we recommend you find a financial development opportunity in your business today. {E-mail:} Elegantloanfirm@hotmail.com ... online for credit not a victim of scam. Thank you.
ReplyDelete