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In 2007, members received approval for
$1.8 billion in Community Development advances
to help finance 4,931 units of housing and 86 economic-development
or mixed-use initiatives.
Since 1990, the Bank has approved $7.9
billion in Community Development advances (and the
Community Investment Program advances they replaced)
to fund 51,535 units of housing and 507 economic-development
or mixed-use initiatives.
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