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Greystone Housing Impact Investors ( (GHI) ) has shared an update.
Greystone Housing Impact Investors LP has teamed up with BlackRock Impact Opportunities to launch a joint venture aimed at financing affordable multifamily housing projects across the U.S., addressing a shortage of 7.3 million affordable units. The collaboration plans to provide roughly $500 million in financing for these projects, targeting undercapitalized communities. This partnership aims to expand Greystone’s construction loan investments and provide attractive returns for investors, while meeting social impact goals.
For an in-depth examination of GHI stock, go to TipRanks’ Stock Analysis page.