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Lake Forest-based lender Clearinghouse Community Development Financial Institution is launching a new real estate investment division. The organization is a certified CDFI (Community Development Financial Institution), by the U.S. Department of the Treasury, and its primary objective is providing credit and other financial services to underserved communities. The real estate division will acquire, develop, own and manage real estate assets to enhance community development. Clearinghouse is currently eyeing properties in Southern California, Las Vegas, and Phoenix for the first year.