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Bank of America Invests $10M in Low Income Housing Fund

Thursday, October 11, 2001 - 7:00AM

Bank of America announced last week a $10 million investment in the Low Income Housing Fund (LIHF). The investment will be added to LIHF’s $74 million Revolving Loan Fund and will be used to develop affordable housing among other projects, including special needs housing and community centers. LIHF is a national community development organization aimed at assisting nonprofit groups working to increase the supply of affordable housing and special needs housing in low-income neighborhoods.

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