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March 10, 2009 Sisters of the Sorrowful Mother invest in HTFSSM International Finance, Inc. just funded a $25,000 investment in the San Luis Obispo County Housing Trust Fund. The investment comes from the Wisconsin-based Sisters of the Sorrowful Mother, a religious community with a 125 year history of service. "We are excited about this investment from the Sisters of the Sorrowful Mother," states HTF executive director Jerry Rioux. The SSM investment is a loan with a 2% interest rate and a five-year term. The loan proceeds will be used to provide financing for affordable rental and ownership housing in San Luis Obispo County. The Sisters’ have provided social investments for decades. Their investment is the HTF’s sixth investment from a religious community. It is the thirteenth investment overall. Other investors include Catholic Healthcare West, Mission Community Bank and Rabobank. |
(c) 2004-9 San Luis Obispo County Housing Trust Fund - This page was last updated on 03/10/2009