| Program-Related Investments |
| Affordable Homes of South Texas, Inc. | $500,000 |
McAllen, TX
Senior loan to provide pre-development capital for affordable home ownership opportunities. $500,000 6-year senior loan approved in 2005. | |
| Bridge Housing Corporation | $500,000 |
San Francisco, CA
Senior loan to provide pre-development capital for affordable homeownership projects. $500,000 7-year senior loan approved in 2005. | |
| Federation of Appalachian Housing Enterprises, Inc. | $500,000 |
Berea, KY
Senior loan for the Development Loan Fund to provide pre-development, construction, bridge and cash flow financing for regional housing organizations. $500,000 6-year senior loan approved in 2010. | |
| Habitat for Humanity International, Inc. | $3,500,000 |
Atlanta, GA
Senior loan to finance self-help homeownership for low-income families by qualifying Habitat affiliates through the Flexible Capital ("Flex Cap") Access Program. $3,500,000 8-year senior loan approved in 2008. | |
| Housing Assistance Council | $750,000 |
Washington, DC
Senior loan for the Rural Housing Loan Fund to finance the pre-development activities of non-profit, self-help, and other affordable home-ownership providers in rural communities throughout the country. $750,000 7-year senior loan approved in 2009. | |
| New Hampshire Community Loan Fund, Inc. | $500,000 |
Concord, NH
Senior loan to support affordable home-ownership and small business lending. $500,000 7-year senior loan approved in 2009. | |
| Rural Community Assistance Corporation | $500,000 |
West Sacramento, CA
Senior loan for development of affordable and self-help homeownership, water and waste water systems, and community facilities in low-income, rural communities. $500,000 6-year senior loan approved in 2009. | |
| Self-Help Enterprises | $500,000 |
Visalia, CA
Senior loan to finance pre-development and the construction of self-help home ownership. $500,000 6-year senior loan approved in 2004.
| |
| Fixed Income Securities |
The F.B. Heron Foundation invests in fixed-income securities managed by Community Capital Management and RBC Global Asset Management consisting of targeted mortgage backed securities, taxable municipal bonds and privately placed notes that further the Foundation's programmatic goals in low- and moderate-income communities.
|
| Market-Rate Private Equity |
| Genesis Workforce Housing Fund, LLC | $1,500,000 |
Los Angeles, CA
Commitment to a private real estate partnership to develop for-sale and rental "workforce" housing in Los Angeles County and other densely populated urban areas in Southern California. | |
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