A leading tax credit firm focused on affordable housingannounced it has closed on a $65 million low income housing taxcredit (LIHTC) fund aimed at creating hundreds of newunits in states that are among the hardest hit by thecoronavirus.
Alliant Capital announced this month that it has closed on Fund103, which will facilitate the creation of 650 units for seniorsand families in states including Arizona, Texas, North Carolina andFlorida.
"Creating affordable housing in states where the pandemic isspreading quickly addresses the critical need for this type ofsupport in our current climate," Shawn Horwitz, Alliant Capital's CEO said in astatement announcing the move. "We remain focused on supportingcommunities in need across the country."
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Max Mitchell
Max Mitchell is ALM's Regional Managing Editor for The Legal Intelligencer, New Jersey Law Journal, Delaware Business Court Insider and Delaware Law Weekly. Follow him on Twitter @MMitchellTLI. His email is [email protected].
