IMPACT Community Capital President and CEO Jeff Brenner spoke with IPE Real Assets following the announcement of IMPACT’s close of the Mortgage Opportunities Fund (the Fund).
The Fund closed five months ahead of schedule after raising $210M in support of affordable housing initiatives across the United States. It seeks to make positive change by preserving affordable housing properties, while providing investors with market-rate returns.
“As one of the founding members of IMPACT Community Capital, Nationwide is dedicated to supporting efforts that provide affordable housing because it is paramount to fostering socioeconomic opportunity, and we’re committed to finding investments that will ultimately enhance the quality of life for individuals and families,” said Nationwide CIO Joel Coleman.
“We are proud to work with IMPACT on the IMPACT Mortgage Opportunities Fund, which will ensure that affordable housing continues to be an accessible reality to our most vulnerable community members for years to come.”
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