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Since 1987, National Equity Fund® has invested more than $13 billion revitalizing neighborhoods,
fostering economic growth and creating affordable sustainable housing.

CIT Bank Commits $55 Million for Affordable Housing in Southern California

March 2017

National Equity Fund partner, CIT Bank, has committed $55 million to support community development and affordable housing in Los Angeles and Riverside counties in California. NEF will syndicate the investment, which allocates $5 million in credits per year over 10 years and is expected to support 363 homes for low- to moderate-income families, veterans, special needs, and previously homeless individuals and families.

Read more from Yahoo News here and ABC News here.

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