Alliant Capital announced the financial closing of Fund 103, a $65 million low-income housing tax credit (LIHTC) fund that will facilitate the creation of nearly 650 units for seniors and families in states that are among the 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.”
A leading LIHTC syndicator, Alliant Capital has provided housing for more than 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.
