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May 2012 Update

We closed our March Senior Note Raise with over $600,000 in capital from 10 new investors and 6 increased existing investors. We combined this new capital with the proceeds of loans repaid by LISC, Lower East Side People's Credit Union, and Disability Opportunity Fund to make two new housing-related loans in the Bronx.

Read more about these newest additions to our portfolio in our May 2012 Newsletter Update and on our Current Portfolio page!