Catalyst Impact Fund has successfully acquired a multifamily community in San Jose, with plans to provide affordable housing. The property, which was built in 2018, will only be available for lease to households with an annual income lower than 80% of the median income in Santa Clara County. This move aims to address the rising demand for affordable housing options in the area.
Key Points:
– Catalyst Impact Fund has acquired a multifamily community in San Jose.
– The property was built in 2018.
– Future leasing at the property will be restricted to households earning less than 80% of Santa Clara County’s median income.
– This initiative is in response to the need for affordable housing in the area.
You can read this full article at: https://wrenews.com/catalyst-impact-fund-acquires-san-jose-multifamily-community-for-affordable-housing/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
