National Equity Fund (NEF) Announces a Record $2.2 Billion in Investments for 2021
2021, National Equity Fund (NEF) had its strongest performance throughout its 35-year history.
included $110 million in committed Opportunity Zone investments, twinning with LIHTC benefits, to create new affordable housing where each state determines it’s needed most, and record workforce housing investments of nearly $40 million to support the nation’s “missing middle”.
affecting all communities – but disproportionately impacting lower- income communities - the need for quality affordable housing has never been greater,” said Matt Reilein, president and CEO of National Equity Fund.
Initiatives Support Corporation (LISC), on January 9, 1987. This
was just a few months after the IRS first introduced the concept
of LIHTC as part of the Tax Reform Act to encourage private
investment in affordable housing on October 22, 1986.
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