2007: The Year’s Results

25,362 Affordable homes created or preserved

$1 billion Total investment in affordable housing and community development

$681 million in Low-Income Housing Tax Credit Equity, representing 112 affordable housing developments nationwide

$163 million in Low-Cost Loans, creating or preserving more than 8,500 affordable homes

$94 million in New Markets Tax Credit transactions, revitalizing communities through commercial/retail centers, schools, child care facilities and other projects

$45 million in Multifamily Mortgages

$18 million in Grants to community organizations

$11million in Direct Development