A multifamily division within one of the largest banks in the United States has closed a tax-advantaged affordable housing fund that will preserve federal benefits at more than a dozen apartment properties.
PNC Bank multifamily arm closes $128 million affordable housing fund
Properties supported by capital raise focus on seniors, homeless people
By Jon Leckie
CoStar News
December 19, 2024 | 6:59 P.M.
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IN THIS ARTICLE
- Properties
- Lewis Lofts
209 Dewey St, Mankato, MN
- Albert Einstein Residence Center
1935 Wright St, Sacramento, CA
- Companies
- PNC Financial Services Group, Inc.
Finance and Insurance