Operator: Castellan Real Estate Partners
Type: Euroclear Bond
Segment: Residential
In 2022, we structured the CIX ESG Affordable Housing Bond with the objective of financing the pre-development phase of socially-focused residential real estate assets in California, USA.
Affordable housing developments are supported by a variety of programs, grants, and government-backed financing initiatives. The Low-Income Housing Tax Credit Program (“LIHTC Program”) creates jobs, revitalizes low-income neighborhoods, and generates billions of dollars annually in tax revenue for federal, state, and local governments, among other social and economic benefits for individuals and communities. This program encourages developers and private investors to provide more socially-focused housing.
CIX Capital is an investment by Maiz: maiz.com.br
