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Morgan Stanley Launches $1B Bond for Affordable Housing

The firm has issued a $1 billion social bond to support affordable housing projects as part of an ongoing strategy to address sustainability challenges.

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Morgan Stanley has issued a $1 billion social bond that will be used to finance affordable housing projects. This is the latest step in the firm’s commitment to sustainable investing, according to Morgan Stanley.

The announcement comes on the heels of the firm’s green bond, which was issued by Morgan Stanley in 2015 and supports renewable energy and energy efficiency projects. The firm has been building sustainable finance practices for the last decade, and as a result, it has a track record of creating social bonds that raise capital for environmental and social impact investments. The firm launched its first public market bond in 2017 to support opportunities in underserved communities.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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