Christine Cormier Christine Cormier

WNC has closed its Institutional Tax Credit Fund 44 with $135 million in commitments. The fund, which provided tax credits for low-income family and senior housing across the country, originally targeted $100 million in commitments, exceeding its initial fund raising goals. Additionally, the fund had a higher number of economically motivated investors, as a result of the fund’s healthy returns. Tax Credit Fund 44 currently has 24 projects located in 18 states across the country.