Alliant Capital has closed a $65 million low-income housing tax credit (LIHTC) fund that will facilitate the creation of affordable housing in states that are among those hardest hit by the coronavirus pandemic: Arizona, Florida, North Carolina, and Texas.
“Creating affordable housing in states where the pandemic is spreading quickly addresses the critical need for this type of support in our current climate,” says Shawn Horwitz, CEO of Alliant Capital. “We remain focused on supporting communities in need across the country.”
Fund 103 will help finance nearly 650 units for seniors and families.
Alliant Capital has provided housing for over 400,000 low-income families, seniors, and veterans throughout the United States. Comprised of over 1,000 properties under the LIHTC program, Alliant’s portfolio now exceeds $16 billion in assets under management since the company’s inception in 1997.
