Business News • MarketWire • Merritt Community Capital Corporation Helps Preserve Affordable Housing Units in California |
Merritt Community Capital Corporation Helps Preserve Affordable Housing Units in California |
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Merritt Community Capital Corporation Helps Preserve Affordable Housing Units in California
OAKLAND, CA--(Marketwired - February 18, 2016) - Merritt Community Capital Corp. recently closed its $75.5 million Multi-Investor Fund XVIII. Given the need to preserve existing units of affordable housing in California, there are, in Merritt's Fund XVIII, seven acquisition rehab properties, five in Northern California and two in Southern California. As such, 587 units of affordable housing will be preserved statewide. Merritt's key developer partners in this current fund are Northern California Presbyterian Homes and Services, People's Self Help Housing, Mutual Housing of California, EAH and Many Mansions.
View More : http://www.marketwired.com/mw/release.do?id=2097835&sourceType=3
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