
Dogwood Health Trust and Self-Help launch WNC affordable housing loan fund
In a significant move to address the lack of affordable housing options in Western North Carolina, Dogwood Health Trust provided an inaugural investment of $40 million to Self-Help Ventures Fund to launch the WNC Affordable Housing Loan Fund. Loans from the newly created fund will be made to nonprofit and for-profit developers with affordable housing projects (including both preservation and new construction) with a focus on serving households earning 80 percent or less of area median income.