WNC

About Us

At WNC, we believe creating a positive impact in America’s communities requires striking the right balance. The vision to identify compelling opportunities must be matched by the ability to realize both their social and financial value. When this balance is achieved, progress accelerates—and communities grow stronger.

WNC was founded at the intersection of opportunity and impact.

After the passage of the Urban Development Act in 1968, Wilfred Cooper Sr. recognized how the new policy could equip investors and developers with powerful incentives to create lasting value—for stakeholders and communities alike—by preserving and expanding affordable housing.

Today, WNC is recognized as a pioneer in the affordable housing sector and a national leader in tax credit syndication, community preservation, and private equity fund management.

Mission-driven and versatile, WNC brings together specialists across real estate, finance, and development. Our collaborative culture and vertically integrated structure delivers scalable solutions that support long-term affordability and help working families find stability, opportunity, and a place to call home.

The WNC Ecosystem

Built on a strong foundation

130+
Dedicated Team Members
600+
Developer Partners
145
Property Management Companies
175
Institutional Investors
20
Industry Associations
10
Federal Agencies
48
State HFAs
6
National Law Firms

Why Work With WNC?

Experience You Can Build On

The Vision To Create Additional Value

We have identified key economic drivers, policy incentives, and tailored strategies that capitalize on and accelerate U.S. affordable housing opportunities.

Over nearly a half century, we’ve consistently delivered meaningful value-added outcomes for both the investors and the residents we serve.

Equal Parts People & Performance

Our purpose-built business model and custom approach are fortified and strengthened by thoughtful, seasoned professionals focused entirely on disciplined execution within affordable housing.

Family-owned and fiercely loyal to our partners and employees, we believe solving the people equation drives exceptional performance.

The Rising Tide Lifts All Boats

We view affordable housing as an economic and social opportunity that uplifts entire communities while offering investors tax-advantaged returns backed by essential demand and policy support.

By focusing on residents over units, we create long-term value, strengthen neighborhoods, and support lasting growth.

50+ Years of WNC

1968

President Johnson Signs Housing And Urban Development Act, Creating Incentives For Developing Affordable Housing.

1971

Wnc Founded And Closes First Affordable Housing Fund. Investors Receive Tax Deductions.

1982

WNC Closes First "Two-Tier" Fund Structure Now Used Throughout The Industry.

1983

WNC Closes First Sec-Registered Fund In Affordable Housing.

1986

Congress Passes Tax Reform Act, Creating The Low-Income Housing Tax Credit (LIHTC).

1987

WNC closes 22 transactions in the first full year of the LIHTC program.

1988

California creates first state tax credit program. WNC closes seven CA tax credit funds in the first year of the state program.

1993

President Clinton signs into law the Revenue Reconciliation Act of 1993, making LIHTC permanent.

1994

WNC closes first institutional fund.

1997

WNC portfolio reaches $1 billion.

2000

WNC closes its first in a series of 23 NY and CA state Community Reinvestment Act (CRA) funds.

2002

WNC receives $50 million New Markets Tax Credit (NMTC) award in the first year of the program.

2008

WNC receives its 3rd NMTC allocation.

2011

WNC celebrates 40th anniversary; receives fourth NMTC allocation.

2015

WNC portfolio reaches $7 billion.

2016

WNC celebrates 45th anniversary.

2021

WNC celebrates 50th anniversary.

2024

WNC President and CEO Will Cooper, Jr., elected NAHB State Representative for California.

2025

WNC portfolio reaches $20 billion.

2026

WNC celebrates 55th anniversary.

1968
1971
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2011
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2021
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Our Impact

We believe everyone in the United States should have access to affordable housing. Decent living standards increase quality of life, health, and happiness of not only individuals and families, but their larger community as well. WNC has worked to make an impact in affordable housing for half a century.

1M+
People Housed
$3.8m
Grants Across 26 Recipients to Address Housing Crisis
1750+
Properties
$21.8B
Acquired in Affordable Housing
74.8K+
Units Preserved

Impact Beyond Investment

In addition to deploying capital to create and preserve affordable housing, the WNC team actively serves the communities where we live and work. Through company-sponsored volunteer days and employee-driven initiatives, WNC professionals dedicate their time and energy to nonprofit partners throughout the year. From packing food boxes for seniors to assembling essential care backpacks for individuals transitioning to stable housing, our team believes meaningful change happens through both financial support and hands-on involvement.

— Tom Crowe, Executive Vice President, PedCor Investments

When you work with WNC, it feels more like working with a small relationship bank than a big money-center bank… it’s much more intimate and personable…I really do see them as somebody that’s committed to the mission of affordable housing.

— Phil Ram, Principal & CEO, Ravella Holdings

I would describe WNC as a very polished, very up-to-date, very well-organized team of professionals who absolutely understand the needs of the affordable housing business model and the needs of their partners…WNC appeals to me because they’re a similar mindset—they do a lot of volume, they do a lot of business, but ultimately I’m dealing with a family company, and that gives me a lot of comfort.

—  Darren Brobowsky, USA Properties Fund

They try to minimize challenges before bringing them to you, or solve them behind the scenes, and minimize creating obstacles to the success of the project.

—  Greg Gossard, Hampstead Companies

That greater relationship with WNC, including working with the CPP guys and PEF, has been fruitful in terms of us looking at projects differently and how to finance projects differently.

Meet Our Team

Let’s Connect

Whether you’re ready to invest, contribute, or just exploring opportunities in affordable housing, we’d love to connect. Reach out today and start a conversation with WNC.

Contact WNC