IRVINE, CA – National affordable housing investor, WNC has closed WNC Institutional Tax Credit Fund 52 LP, which raised $191.7 million in LIHTC equity to develop and renovate 1,873 affordable housing units.

The fund will develop and renovate units for families and seniors. A portion of the units will be set aside to assist veterans, young adults aging out of the foster care system, homeless, formerly homeless or individuals at-risk of homelessness, and residents suffering from mobility, hearing and visual impairments.

The units are spread across 24 properties spanning 16 states, including California, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, South Carolina, Nebraska, New Hampshire, Tennessee, Texas, Wisconsin and West Virginia.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.