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NEWS IN BRIEF

Fund to Help Rehabilitate Homes in East L.A.

March 31, 2002|Inman News Features

San Francisco-based PMI Mortgage Insurance Co. has established a $200,000 revolving fund with the East Los Angeles Community Corp. to rehabilitate homes in East Los Angeles neighborhoods for purchase by low-income families.

The program is part of PMI's Gateway Cities Initiative, which provides revolving loan funds for use in underserved communities across the United States.

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