| 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. |
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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. |
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| 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 |
| Term: | 18 years |
| Purchase Date: | January 30, 2017 |
For more information about Cinnaire: http://cinnaire.com/
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