WNC closes $66.3 million California affordable housing tax credit fund CA23

• WNC closed WNC Institutional Tax Credit Fund X California Series 23, L.P., raising USD 66.3 million for California affordable housing.
• Fund marks WNC’s 23rd consecutive California-focused multi-investor vehicle for institutional investors.
• Capital targets six new-construction projects totaling 650 homes in Los Angeles, San Benito, San Diego counties, using 4% LIHTCs.
• Program includes 25 units supported by Section 8 vouchers.

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