PNC Bank closes $251.4 million affordable housing fund
PNC Bank closed a $251.4 million Low-Income Housing Tax Credit (LIHTC) fund that will help finance the development and preservation of affordable rental housing across the country, the bank said in an announcement on Wednesday. The transaction, PNC Multifamily Capital’s LIHTC Fund 104, includes capital from nine financial services and insurance companies, along with PNC. […]
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