2012

Clearinghouse CDFI

Based in California and expanding into Nevada, Clearinghouse CDFI finances affordable housing, nonprofit organizations, and community redevelopment projects. Clearinghouse CDFI received the Award for its expansion into Nevada, a state that faces severe credit constraints and suffers from one of the highest unemployment rates, and single-family foreclosure rates in the U.S. Clearinghouse plans through expanding into Nevada to create approximately 100 jobs per year, produce 700 affordable housing units and serve 40,000 low-income individuals in Nevada over a three-year period

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