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GREENWICH, CT-The Richman Group Affordable Housing Corp., reportedly the nation’s leading sponsor of equity funds for affordable housing and its 10th largest owner of affordable and market rate rental property, has closed a $186.5-million fund fueled by equity from 10 banking institutions. USA Institutional Tax Credit Fund LXXXVIII LP will include a diversified portfolio of properties located in 16 states, the locally based company says in a release.

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