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Nuveen Readies $250 Million for Affordable Housing Investments

New Fund Targets Properties for Low-Income Residents Across the United States
Nuveen acquired 655 Morris Ave. in the Bronx, New York, earlier this year. (Collin Quinlivan/CoStar)
Nuveen acquired 655 Morris Ave. in the Bronx, New York, earlier this year. (Collin Quinlivan/CoStar)
CoStar News
September 21, 2023 | 8:08 P.M.

The Teachers Insurance and Annuity Association of America is boosting its investment focus on affordable housing after committing $250 million from its TIAA General Account to seed a new Nuveen investment fund.

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IN THIS ARTICLE


  • Companies
    • Nuveen

      Finance and Insurance

    • TIAA

      Finance and Insurance

  • Contacts
    • Pamela West

      Senior Portfolio Manager, Impact Investing, Nuveen