National Equity Fund (NEF) Announces a Record $2.2 Billion in Investments for 2021 and Celebrates 35 Years of Commitment to Affordable Housing
CHICAGO, Jan. 20, 2022 /PRNewswire/ --In 2021, National Equity Fund (NEF) had its strongest performance throughout its 35-year history.
- CHICAGO, Jan. 20, 2022 /PRNewswire/ --In 2021, National Equity Fund (NEF) had its strongest performance throughout its 35-year history.
- The nonprofit raised and deployed a record-breaking $2.2 billion in affordable housing investments, which included a record $1.23 billion in LIHTC investments and a record $930 million in affordable housing preservation lending.
- In total, these investments created and preserved 13,550 affordable homes in 2021.
- National Equity Fund was founded by its affiliate Local Initiatives Support Corporation (LISC), on January 9, 1987.