2008 FYE Marked by Increased Investment Volume for WNC

Although the tax credit industry continues to change and bring challenges to tax credit syndicators nationwide, WNC’s year end concluded with an increase in the amount of equity raised over last year . . . Read more

WNC Closes Two NMTC Funds

WNC ended its fiscal year with the closing of two New Markets Tax Credit (NMTC) investment funds that will provide below-market financing to community-service oriented developments in San Pedro, CA, and Louisville, KY . . . Read more

Key to a Successful Property Closing:
Early Contact with Your Syndicator

As recently as last year, placing deals with investors was the easy part, while meeting the developer’s needs remained challenging. Nowadays, amidst the turmoil in the tax credit investor market, syndicators are charged with aligning investor interest with developer needs to successfully place and fund tax credit developments with investors. How can developers survive in today’s shifting market? A key element for a successful closing today is to contact your syndicator/originator as early as possible . . . Read more

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Congresswoman and Joint Economic Committee member Loretta Sanchez (D-CA) discussed current economic conditions and the tax credit with WNC Founder and Chairman Wilfred N. Cooper, Sr., and WNC President and CEO Wilfred N. Cooper, Jr.

Congratulations to Eagle Award winner Christy Schnurle, whose constructive suggestions helped her department operate more efficiently.