CityLab Daily: What the SVB Collapse Means for Affordable Housing

Bloomberg, March 14, 2023–Sri Taylor (subscription)
When Silicon Valley Bank shut down on Friday, it sent politicians and executives scrambling to contain shockwaves through California’s broader economy. The collapse caused massive losses beyond the tech and startup scenes; the bank was also a key lender for other industries, including affordable housing development.
https://www.bloomberg.com/news/newsletters/2023-03-14/citylab-daily-what-the-svb-collapse-means-for-affordable-housing