About PHG Financial, LLC
The firm offers the CRA Affordable Housing Fund to financial institutions.The objective of the CRA Affordable Housing Fund is to assist in satisfying Community Reinvestment Act requirements of financial institutions. The Fund will achieve these objectives by directly investing in affordable multifamily housing. The Fund seeks to provide financial institutions a unique, complex and innovative investment, which is responsive to the needs of the community. The fund investment duration is 3 to 5 years (compared to 15 year LIHTC).