WNC Closes on 3 LIHTC Funds Totaling $255M

With the closing of its three latest low-income housing tax credit (LIHTC) funds, WNC will look to support the construction or renovation of more than 2,300 affordable housing units in several states in the U.S.

The three funds raised a total of approximately $255 million in equity, which will be used for affordable housing projects in Alaska, Arkansas, California, Georgia, Maine, North Carolina, North Dakota, New Hampshire, Oregon, South Carolina, Tennessee, Texas and Washington. The fund will target multifamily and senior housing communities in urban, suburban and rural areas, according to WNC.