LARKSPUR, Calif., Feb. 1, 2024 /PRNewswire/ -- Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose, California. Future leasing at the 2018-built property will be restricted to households earning less than 80% of Santa Clara County's median income. In addition to reducing rents as much as 50% inside of current market rates, Catalyst will develop novel resident programming and a renter wealth creation model to empower intergenerational economic mobility.