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Chinese banks approve $17 billion of loans under 'whitelist' project

China's housing authority said 123.6 billion yuan ($17.20 billion) of development loans have been approved and 29.4 billion yuan have been issued under a special mechanism aimed at injecting liquidity into the crisis-hit property sector. Under China's "whitelist" mechanism launched on Jan. 26, city governments recommend residential projects to banks suitable for financial support, and coordinate with financial institutions to meet project needs. The mechanism is a key plank...
Hong Kong Shri Navaratnam Ziyi Tang Clare Jim Rural Development On Ministry Of Housing
Source: yahoo.com

TD Bank Targets $20 Billion to Spark Economic Opportunities for Low- and Moderate-Income, Diverse and Underserved Communities across 15 States and Washington, D.C.

Community Impact Plan continues TDs local engagement with three-year roadmap  $10B in support of residential lending for LMI and/or minority borrowers $7.5B in community lending and...
United States Cherry Hill New York Leo Salom Community Reinvestment Community Development

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