The AFL-CIO, Washington, will finance $700 million in construction and mortgage loans in New Orleans and other Gulf Coast communities affected by Hurricane Katrina, according to a press release issued by the labor organization. The $3.6 billion AFL-CIO Housing Investment Trust and the $2 billion AFL-CIO Building Investment Trust will invest $250 million in housing construction and $100 million in commercial real estate.
The AFL-CIO , Washington, will finance $700 million in construction...
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