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WNC Closes $135M Institutional LIHTC Fund
Irvine, CA-based WNC closed WNC Institutional Tax Credit Fund 44, L.P. (WNC Corp. 44), a $135 million institutional low-income housing tax credit (LIHTC) fund that includes 2,098 units of urban, suburban, and rural affordable housing for families and seniors scheduled for new construction and rehabilitation. The fund consists of four economic investors and four CRA investors.
WNC’s Christine Cormier says, “We are particularly excited about the closing of this fund due to several of its projects containing units built for individuals with special needs.”
The properties are located in 18 states: Alaska, Arkansas, Arizona, California, Connecticut, Iowa, Illinois, Kansas, Louisiana, Minnesota, Mississippi, North Dakota, New Mexico, Rhode Island, Tennessee, Texas, Utah and Wisconsin.
For comments, questions or concerns, please contact Dennis Kaiser
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