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California pension giant boosts contribution to Nuveen’s affordable housing fund

CalPERS commits $400 million, bringing total to $500 million

Nuveen acquired the Viv Apartments in Seattle last fall as part of its affordable housing investment strategy. (CoStar)
Nuveen acquired the Viv Apartments in Seattle last fall as part of its affordable housing investment strategy. (CoStar)

CalPERS is expanding its commitment to Nuveen Real Estate's affordable housing strategy with an additional $400 million allocation.

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