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LISC launches Neighborhood Revitalization Loan Fund to drive affordable rental housing development with funding...

NEW YORK, NY - October 25, 2011 - (RealEstateRama) -- The Local Initiatives Support Corporation (LISC) has leveraged a $5 million grant from the federal Capital Magnet Fund to launch the Neighborhood Revitalization Loan Fund – an affordable housing loan pool designed to stimulate the development and preservation of multifamily rental housing for low-income residents.

Morgan Stanley and National Equity Fund Expand the “Rebuilding Local Economies Fund” to States...

NEW YORK and Chicago - September 21, 2011 - (RealEstateRama) -- Morgan Stanley (NYSE: MS) and National Equity Fund (NEF) today announced that they are expanding the Rebuilding Local Economies Fund, established earlier this year, to additional states that were severely impacted by Hurricane Irene

Recent Gov & Nonprofit Real Estate Press Releases

Senate Passes Peters Bipartisan Bill to Strengthen U.S. Broadband Supply Chains

The Senate unanimously passed bipartisan legislation co-led by U.S. Senator Gary Peters (MI) to strengthen U.S. broadband supply chains and support projects in Michigan aimed at expanding access to high-speed internet. The Network Equipment Transparency (NET) Act would improve transparency in the broadband supply chain through the Federal Communications Commission (FCC) to ensure local broadband projects stay on track.