January 2, 2011

Sisters of Charity to invest $100,000

The Sisters of Charity of Cincinnati have provided their third investment to the San Luis Obispo County Housing Trust Fund – $100,000 from their Seton Enablement Fund.  

"With their latest investment, the Sisters of Charity of Cincinnati have invested a total of $250,000 in the Housing Trust Fund" states Jerry Rioux, Executive Director of the Housing Trust Fund. "This investment makes them our fourth largest investor to date." 

The proceeds of the investment will be used to provide financing for affordable rental and ownership housing in San Luis Obispo County.

Since its inception in 1979, the Seton Fund has provided nearly 300 social investments throughout the world totaling more than $15 million.  Additional information on the Seton Enablement Fund is available online at www.srcharitycinti.org/enablement.htm.