Perkins Coie Closes on $200M U.S. Treasury Guaranteed Bond Issue

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Working alongside the Community Reinvestment Fund, Capital Impact Partners, IFF and The Reinvestment Fund (TRF), LIIF and its partners received a $200 million CDFI Bond award from the U.S. Treasury Department’s CDFI Bond Guarantee Program. The issuance marks the largest award to date from the program. Multi-Housing News covered the recent issuance of the CDFI Fund Bond Guarantee Program, which has issued $525 million in bonds so far.

LIIF will use its $65 million portion of the issuance to finance senior living and long-term care facilities, commercial real estate projects, healthcare facilities, charter schools, affordable housing units and child care centers.

Read the full article at Multi-Housing News Online

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Source: Multi-Housing News Online