iadb. Bancorp on the web at
http://usbank.

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S. Bank's largest
affordable housing clients, with a business relationship touching multiple
business lines within the bank.S.

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Inter-American Development Bank to Hold Briefing on Winning Contracts for Infrastructure Projects in Latin America

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S. As of
May 2005, Mercy Loan Fund has originated and closed 345 loans, over $114
million lent to organizations in 23 states. In the last 20 years these funds
have helped provide more than 12,100 homes to more than 36,400 people.

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For the complete agenda, see: http://www.S.
"U.

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On the second day of the seminar IDB staff will present case
studies on current projects that generate procurement opportunities. Over the last four years U.

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The workshop will offer detailed information on procurement procedures for
services, goods and works and on the project cycle, explaining how projects
are initiated and developed. Mercy Loan Fund provides loans to not-
for- profit developers of affordable housing, when conventional financing is
not possible or affordable.S.

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Bank
joins Mercy Loan Fund's investors whose funds enable local organizations to
develop a variety of affordable housing opportunities and revitalize
neighborhoods."
The investment expands U. The banking relationship includes deposits,
investments and various banking services.
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Bank to continue its efforts of
financing quality, affordable housing. Bancorp is the
parent company of U.com.

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Funds Expand U.S. The $2 million equity equivalent investment
awarded by U.S.S. Mercy Loan Fund's loans are for acquisition, construction, bridge,
permanent , or predevelopment financing. Housing development includes
single- and multi-family units, rental and homeownership for low-income
families and individuals.

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Seminar to be held September 22-23 at Bank's Washington headquarters

WASHINGTON, The Inter-American Development Bank
will host a two-day business seminar Thursday and Friday, September 22-23, at
its Washington, D.iadb. Bank 's collaborative relationship with Mercy
Loan Fund and Mercy Housing.

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A representative of a private firm will relate
real-world experience on how to win contracts resulting from IDB project
financing .
Bank markets across the country. Bancorp (NYSE: USB), with $198 billion in assets, is the 6th largest
financial holding company in the United States.S. Visit U.

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Bancorp is
home of the Five Star Service Guarantee in which the company pays customers if
certain key banking benefits and services are not met.

Mercy Loan Fund is a 501(c)(3) non-profit corporation, certified by the
U.

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Mercy Loan Fund Awarded $2 Million from U.S. Bank

Bank believes in Mercy Housing's mission to provide quality , safe
affordable housing for low-income families and individuals," stated Joseph
Otting, vice chairman of commercial banking for U.S.

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Bank's markets. Mercy Housing is one of U.S. Bank looks forward to continuing to build on its relationship with
Mercy Housing by investing in Mercy Loan Fund," said Mark Smith, market
president for U.

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S.S. Bank in Denver. U.

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For more information and registration contact Isabel Hagbrink at the IDB
Office of External Relations at (202) 623-1546, isabelh@iadb. U. Bank.

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Officials will
also explain the Bank's support for activities and infrastructure related to
the Initiative for the Integration of Regional Infrastructure in South America
(IIRSA), the Plan Puebla Panama (PPP) and the CAFTA-DR free trade agreement.

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To sign up go to http: //www.S.

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Senior IDB specialists will describe current lending activities focusing
on energy , transportation, urban development and sanitation, as well as
private sector financing by the Private Sector Department, the Inter-American
Investment Corporation and the Multilateral Investment Fund .
The world's oldest and largest regional multilateral development bank, the
IDB has provided $136 billion in development financing for Latin America and
the Caribbean for projects with a total cost of $171 billion since the
institution began lending operations in 1961.

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Bancorp.

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"With this investment, U.
"We are particularly interested in Mercy Housing's plans to increase its
lending in our existing markets, its new initiative using product innovations,
as well as more coaching and technical assistance to facilitate affordable
housing development in more rural communities."

U. Treasury Department as a Community Development Financial Institution
(CDFI). These include the working poor, seniors, farm
workers, formerly homeless individuals, and people with special needs (such as
the chronically mentally ill, and people living with HIV infection).

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headquarters to explain how to win contracts resulting
from the IDB's multibillion dollar lending and investment program in
infrastructure projects in Latin America and the Caribbean. About 38 percent of the total
Bank lending has consisted of financing for projects in energy,
transportation, communications, sanitation , urban development and multisector
infrastructure.org/biz/registration. Bank's Commitment to Providing Affordable Housing

DENVER, Mercy Loan Fund, a subsidiary of
Mercy Housing, a national not-for-profit housing organization, has been
awarded a $2 million investment by U. Bank, will expand Mercy Loan Fund's ability to provide loans
in U.
"While wages are decreasing, housing costs continue to escalate," stated
Diane Leavesley, president, Mercy Loan Fund. Bank
has provided Mercy Housing nearly $60 million in construction and permanent
financing to create or rehabilitate affordable housing for families in U.S. The company operates 2,377
banking offices and 4,654 ATMs in 24 states , and provides a comprehensive line
of banking, brokerage, insurance, investment, mortgage, trust and payment
services products to consumers, businesses and institutions.S.