News & Insights
Across 41 California funds, WNC has invested more than $4 billion in acquired portfolio assets across 350 properties in 180 communities IRVINE, Calif., September 8, 2026 – WNC & Associates, Inc. (WNC), an Irvine-based family-owned business known as both a pioneer and leader in the affordable housing industry, announced the closing of WNC Institutional Tax […]
PEF Advisors Acquires Quail Run Apartments in San Leandro, Calif.
The 104-unit property preserves affordable housing in the Oakland, Calif. MSA San Leandro, Calif. – July 20, 2026 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity firm focused on preserving existing affordable housing in high-cost markets, today announced the acquisition of Quail Run Apartments, a 104-unit affordable housing community in San Leandro, California. […]
PEF Advisors Acquires Carroll Tower Apartments in St. Charles, Ill.
The 108-unit property preserves affordable housing for seniors in Chicago, Ill. MSA St. Charles, Ill. – July 13, 2026 – Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity firm focused on preserving existing affordable housing in high-cost markets, today announced the acquisition of Carroll Tower, a 108-unit affordable senior housing community in St. Charles, […]
WNC & Associates, Inc. Applauds Historic Enactment of 21st Century ROAD to Housing Act
IRVINE, Calif. July 13, 2026 — WNC & Associates, Inc. today applauded the enactment of the 21st Century ROAD to Housing Act, landmark bipartisan legislation that strengthens the public-private partnerships driving affordable housing investment, modernizes federal housing policy, and equips communities with stronger tools to expand and preserve affordable housing. “The 21st Century ROAD to Housing […]
New construction expands affordable housing opportunities in Valdez and marks the area’s first multifamily development in four decades VALDEZ, Alaska, July 9, 2026 – WNC & Associates, Inc. (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, joined Alaska Corporation for Affordable Housing, Trapline Development, and V2 Development […]
New development expands affordable housing opportunities for adults 55+ and includes supportive housing units for vulnerable populations FAYETTEVILLE, N.C., June 26, 2026 – WNC & Associates, Inc. (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry joined Resource Housing Group, Inc. and East Carolina Community Development, Inc. to […]
WNC & Associates (WNC), a nationwide leader in affordable rental housing investment and preservation, today announced a successful close to 2025 with $2.2 billion in affordable housing acquisitions last year, reaching $400M in year-over-year growth from 2024. Investor equity in 2025 of $928M will fund construction or rehabilitation of over 6,600 rental units in 28 […]
WNC Inc. Promotes Anil Advani to Executive Vice President – Syndications
WNC Inc., a national leader in affordable housing investment, is pleased to announce the promotion of Anil Advani to Executive Vice President – Syndications. In his expanded role, Mr. Advani will now also oversee the company’s Underwriting department, in addition to Originations. Mr. Advani has nearly 30 years of experience in the Low-Income Housing Tax […]
WNC Appoints Richard Price to Advisory Board
WNC, a leading investor in affordable housing has appointed Richard Price to its advisory board. A former partner at Nixon Peabody LLP., Mr. Price has advised housing authorities, developers, and investors on complex housing and community development transactions. Price has also helped shape housing policy as a housing advisor to local, state and national housing […]
WNC Closes 21st California Focused Multi-Investor Fund
WNC has closed WNC Institutional Tax Credit Fund X, California Series 21, L.P. (Fund CA21), a multi-investor fund featuring six properties in the state of California. The fully specified fund raised $120 million for investment into low-income housing projects totaling 831 units. The fund also attracted two new investors and forged new relationships with two […]