Greystone Housing and BIO in JV for loan investments to aid affordable housing

Greystone Housing Impact (GHI) Investors announced the formation of a joint venture with BlackRock Impact Opportunities BIO to invest in loans which will finance the construction and/or rehabilitation of affordable multifamily housing properties across the US…Brian Mwarania, Senior Investor for BlackRock Impact Opportunities said, “We are proud to partner with Greystone Housing Impact Investors LP. Our new Joint Venture aims to address the acute shortage of high-quality affordable housing across the US through innovative construction financing solutions. We look forward to working closely with the Partnership to structure compelling investments that achieve our clients’ social impact objectives.”