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Investors Sees Opportunity in Workforce Housing Shortage

New Fund Plans To Acquire up to $1 Billion in Affordable Multifamily Properties Nationwide

The growing shortage of affordable rental housing in the U.S. is becoming a more tempting target for investors. Turner Impact Capital (TIC), a socially responsible investment firm (SRI) led by former chairman and CEO of Canyon Capital Realty Advisors Bobby Turner, this week launched the Turner Multifamily Impact Fund with plans to acquire and manage up to $1 billion in apartment communities located in urban markets.

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