Nashville-based Pathway Lending has launched a $30 million fund to acquire rental properties and keep them affordable for Tennesseans.  

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Pathway Lending Executive Vice President Hank Helton, left, and Pathway Housing Fund President Matt Wiltshire 

The community development financial institution’s Pathway Housing Fund will use the capital to acquire and preserve Naturally Occurring Affordable Housing (NOAH) properties that are facing gentrification and at risk of becoming unaffordable.