BANKING
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From Times Staff and Wire Reports
Bank of America to Announce Housing Program: The San Francisco bank is expected to disclose today a multimillion-dollar commitment for low-income rental housing in California and six other states in the West. The investments will be made through two equity funds operated by the Local Initiatives Support Corp., which raises money to invest in low-income housing. The other states are Arizona, Idaho, Nevada, New Mexico, Oregon and Washington.
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