The Ballmer Group has announced a $150 million commitment to Vistria and Avanath in support of affordable housing. To be split between each of the for-profit firms’ affordable housing ventures, the investment is aimed at building and preserving thousands of homes for low- and moderate-income American families. The funding will enable the housing developers to attract additional investors and institutional capital to the area of affordable housing. To that end, Ballmer Group is working to address both the immediate and long-term needs of families seeking stable housing by reinforcing grantmaking with catalytic investments.