WNC Institutional Fund 54 Raised $173 Million in LIHTC Equity to Build and Rehabilitate 1,300 Affordable Housing Units Nationwide

IRVINE, CA - WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced it has closed WNC Institutional Tax Credit Fund 54, L.P. (Corp 54), a low-income housing tax credit (LIHTC) fund totaling $172.8 million in equity from a total of eight institutional investors. WNC Fund 54 welcomed one new investor and six new development partners.

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