Items Tagged with 'New Jersey Community Capital'

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  • Goldman Sachs invests $15 million for supportive housing in New Jersey

    Partners with New Jersey Community Capital
    Aiming to provide housing options for the state’s “most vulnerable populations,” Goldman Sachs is partnering with New Jersey Community Capital to provide $15 million to be used for supportive housing in the Garden State. Supportive housing is an affordable housing option that also provides services like job training and placement to its residents.
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  • Fannie Mae sells $20.3m NPLs to familiar non-profit

    Frequent buyer snaps up deeply delinquent mortgages
    Fannie Mae broke with tradition recently when it announced plans to sell a pool of non-performing loans through its “Community Impact Pool” program to a private equity firm, rather than the non-profits, small investors and minority- and women-owned businesses it is designed to target. But in its fifth Community Impact Pool sale, Fannie Mae is turning back to a non-profit, and a familiar one at that.
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  • Fannie Mae picks non-profit for first small sale of non-performing loans

    Completes first “Community Impact Pool” sale
    Fannie Mae announced the winner of its first sale of non-performing loans as part of its “Community Impact Pool” program, which consists of smaller pools of non-performing loans and is designed to attract diverse participation by non-profits, small investors and minority- and women-owned businesses. Click here to read more.
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