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Why is Home Funders creating a new housing pool?

April 26, 2017creating HOUSING pool

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Why is Home Funders creating a new housing pool?

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Home Funders is making the local affordable housing finance system more responsive to our lowest income families. Creation of a specific loan pool targeted to families earning less than 30% of area median income is spurring the development of very low-income housing units. Rather than “”reinventing the wheel,” however, Home Funders is using the existing housing finance infrastructure in order to streamline and minimize bureaucracy.