Monday, March 11, 2013
Community Preservation Corp., a 38-year-old nonprofit lender, has received a $250 million infusion of capital from Citigroup to revive the organization and allow it to refocus on its core mission of rehabilitating affordable housing in lower-income neighborhoods.
A 38-year-old nonprofit lender has received a $250 million infusion of capital from Citigroup Inc., which promises to revive the organization...