Private Placement Participate Certification Swap
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IMPACT Community Capital Collaborates with Freddie Mac in its Third Private Placement Certification Swap Totaling $167.5M
Businesswireยท 2025-10-06 16:05
Core Insights - IMPACT Community Capital LLC completed a third Private Placement Participate Certification Swap with Freddie Mac, involving 57 permanent mortgages totaling $167.5 million [1] - The transaction involved properties financed through the 9% Low-Income Housing Tax Credit program, with approximately 4,100 units being affordable to low-income residents earning 60% or less of the area median income [1] Company Summary - IMPACT Community Capital LLC is actively engaging in financial transactions aimed at supporting affordable housing initiatives [1] - The collaboration with Freddie Mac highlights the company's strategy to leverage government-backed financing to enhance its portfolio [1] Industry Context - The use of the 9% Low-Income Housing Tax Credit program indicates a focus on increasing affordable housing options in the market [1] - The transaction reflects ongoing efforts within the housing finance industry to address the needs of low-income residents through structured financial products [1]