|Wespath Benefits and Investments and its subsidiaries, including Wespath Institutional Investments, participate in the Positive Social Purpose Lending Program. The information below provides details about a property recently financed through this program.|
Through the Positive Social Purpose Lending Program and in partnership with Cinnaire, participations in two separate loans were purchased – Creston Landing I and II – located in Grand Rapids, MI. All units are restricted under the Low Income Housing Tax Credit Program to households with incomes up to 60% of the area median income. Common area amenities include a clubhouse and playground.
|Property Name:||Creston I & II|
|Location:||Grand Rapid, MI|
|Units:||Creston I: 50
Creston II: 50
|Loan Amount:||Creston I: $1.18 million
Creston II: $1.15 million
|Purchase Date:||January 30, 2017|
For more information about Cinnaire: http://cinnaire.com/
We have updated our website with a new look and made it simple to navigate on any device.
We will continue to add more valuable information and features. Please let us know how we are doing.
P.S. For plan sponsors and plan participants, we have a new look for you too. Check out the Wespath Benefits and Investments website.