Nef Closes $833mm in 2011 Lihtc Investments

U.S. Newswire › January 11, 2012

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Summary

Tax credit equity helps create jobs, spur community recovery

CHICAGO, Jan. 11, 2012 /PRNewswire-USNewswire/ -- National Equity Fund, Inc. today announced that it closed $833 million in Low Income Housing Tax Credit (LIHTC) equity investments for 2011. The activity includes support for 74 new construction and rehab projects that created some 8,100 jobs, as well as secondary market acquisitions.

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Nef Closes $833mm in 2011 Lihtc Investments

NEF is a national nonprofit syndicator of LIHTCs that connects private capital to long-term affordable rental hous...

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