Wnc Closes Three Funds, Raises $255 Million In Institutional Lihtc Equity To Develop And Renovate More Than 2,300 Affordable Housing Units

Sep 13, 2021•almost 4 years ago

Irvine

Description

WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today it has closed three institutional low-income housing tax credit (LIHTC) funds totaling approximately $255 million in equity. The funds include WNC Institutional Tax Credit Fund 51, L.P. (Corp 51), WNC Institutional Tax Credit Fund 10 California Series 19 L.P. (CA 19) and a Northwest Arkansas-focused fund.

Company Information

Company

Wnc

Location

Irvine, California, United States

About

WNC, founded in 1971 and headquartered in Irvine, Calif., is a national investor in affordable housing and community development initiatives. The firm has acquired approximately $13.9 billion of assets totaling in excess of 1,600 properties in 48 states, Washington D.C., and the U.S. Virgin Islands. WNC's investor base exceeds 19,500 institutional and retail clients, including Fortune 500 companies, multinational banks, and insurance companies. Additional information is available at www.wncinc.com. ContactJulie LeberSpotlight Marketing Communications949.427.1391[email protected] SOURCE WNC

Wnc Closes Three Funds, Raises $255 Million In Institutional Lihtc Equity To Develop And Renovate More Than 2,300 Affordable Housing Units

Description

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