(To read more on the multifamily market, click here.)
WASHINGTON, DC-An affiliate of Municipal Mortgage & EquityLLC called International Housing Solutions will be leveraging $100million in seed money provided by the locally based OverseasPrivate Investment Corp. to invest $300 million in affordablehousing in emerging markets over the next 10 years. Severalapplicants participated in the bidding to win the US governmentagency's funding commitment.
OPIC, best known for providing financial support for overseasinfrastructure investment, then spent several months on duediligence before it made its final selection.
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