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WNC Raises $350 Million for Affordable Housing

Institutional Capital Backs Development of More Than 2,100 Apartments

The Prichard Hotel, a historic, 13-story property in downtown Huntington, West Virginia, is set to be rehabbed as part of the new initiative. (CoStar)
The Prichard Hotel, a historic, 13-story property in downtown Huntington, West Virginia, is set to be rehabbed as part of the new initiative. (CoStar)

WNC, a major affordable housing investment firm, closed two institutional Low-Income Housing Tax Credit funds totaling $350 million in equity.

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