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IMPACT Community Capital Collaborates with Freddie Mac in its Third Private Placement Certification Swap Totaling $167.5M
Businesswire· 2025-10-06 16:05
SAN FRANCISCO--(BUSINESS WIRE)--IMPACT Community Capital LLC ("IMPACT†) completed a third Private Placement Participate Certification ("PC†) Swap with Freddie Mac, swapping 57 permanent mortgages totaling $167.5 million for Freddie Mac guaranteed Multi PCs. All the properties involved in the transaction received financing through the 9% Low-Income Housing Tax Credit program and approximately 4,100 of the units financed are affordable to low-income residents, earning 60% or less of area median i. ...