What is the Positive Social Purpose Lending Program (PSP)?
The PSP Lending Program is designed to earn a risk-adjusted rate of return through senior loans made to real estate-based projects, which take priority over other debt sources, that impact low- and moderate-income individuals, families and communities. It is a form of “double bottom line” investing that seeks to invest capital not only to produce acceptable financial returns, but also to produce measurable social returns.
