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Innovative Pooled Loan Programs
In 1993, CHFF provided credit enhancement in the form of a supplemental reserve guaranty for two pooled loan program -- the Illinois pool and the Florida pool. The $3 million of guaranty enabled 10 borrowers to borrow $30 million for acquisition and construction of treatment facilities. This 10:1 leverage of CHFF’s capital was instrumental in making these 10 projects possible.
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