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0 0 0.000745483248552955 0.00100859498333634 8.7703911594502E-05 0.0013594106297141 0.00254341343623931 0.00254341343623931
Stock impact report

Dallas Housing Opportunity Fund Reaches $41.5 Million with New Investments from BOK Financial, Charles Schwab Bank, and KeyBank [Yahoo! Finance]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Company Research Source: Yahoo! Finance
DALLAS Nov. 20, 2024 /PRNewswire/ -- LISC Fund Management, LLC (LFM) announced today that the Dallas Housing Opportunity Fund (DHOF) has raised $41.5 million to fuel additional affordable housing development across the city. Launched in 2022 with $6 million in seed funding from the City of Dallas , DHOF has since attracted additional private investments and already invested $34 million across seven affordable housing developments. The fund is designed to mitigate the worsening affordable housing crisis in Dallas . DHOF particularly addresses the need for renters, more than half of whom are considered cost-burdened and struggle to find quality and safe housing within their means. "Housing is such a critical piece of the economic infrastructure of communities," said Tiffany Durr , president of LFM, which manages DHOF. "By expanding the fund with new investors, we will be able to support more development projects and help more residents find housing they can afford near good jobs, s Show less Read more
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