“We can really touch every aspect of the life cycle of an affordable multifamily asset. So we are able to provide pre-development financing, we syndicate – because that's where we started – we finance and invest in the preservation of existing units, and at the same time, we provide permanent financing through our agency platform. We're focused on doing two things: creating more affordable units, but also preserving them; because that's what we have to do if we're really going to address the affordable housing crisis,” said Daryl S., NEF's SVP, Structured Finance in an article published in Affordable Housing Finance.
Read more in the article entitled, "NEF closes catalytic $444 million preservation deal with focus on creative collaboration" here.
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