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#1
01-19-2007, 03:20 PM
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ARCH Report
Dear colleagues:
The Community Development Department of the San Francisco Federal Reserve Bank has posted a new report on the accomplishments of the Association of Reinvestment Consortia for Housing-- or ARCH-- group, which consists of over a dozen statewide multibank lending consortia. *The San Francisco Fed helped create several of these consortia, and has a long-standing relationship with the entire ARCH group. *As the report details, these consortia have provided more than $2 billion in financing to build or rehabilitate almost 100,000 units of affordable housing. *We hope you find this report useful, and welcome any questions or feedback on it. All the best, Scott Turner http://www.frbsf.org/community/crare...h_brochure.pdf Learn more about ARCH on our website: http://www.frbsf.org/community/crare...ndingpage.html * * * * * This post transferred from the cdb-l mailing list 
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