In addition to Oregon, the money is being spent on projects inWashington, Alaska, Hawaii, Idaho, Montana, Utah, Nevada, Arizonaand the Pacific Islands. The housing will benefit homelessfamilies; Native Americans, Alaskans, Hawaiians and ruralworkers.
The Federal Home Loan Bank of Seattle says it will investanother $6 million by the end of the year as part of its AffordableHousing Program, which is funded with 10% of the company's annualprofits and awarded twice annually.
The Federal Home Loan Bank of Seattle says it has invested $89million in this regard over the past decade, leveraging $1.5billion in total development. The funded projects in Oregon are asfollows:
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
