Freddie Mac Sets LIHTC Equity Record with $675 Million in Affordable Housing Investments
Industry Update
February 8, 2022
Source: Freddie Mac
Freddie Mac closed a record $675 million in Low-Income Housing Tax Credit (LIHTC) equity investments in 2021, funding over 4,800 affordable units in diverse and underserved markets across the United States. The investments include a new 162-apartment community near areas devastated by fires in Central California, affordable rental homes for farmworkers in rural Washington and the Yurok Indian Tribe in Northern California, and other affordable housing units in urban areas like Tulsa, Oklahoma and Los Angeles.
For full report, please click the source link above.