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Fannie Mae Announces $100 Million Low-Income Housing Tax Credit Fund

Feb 05, 2018 - PR Newswire

 Fannie Mae (OTC Bulletin Board: FNMA) announced today it has closed on a $100 million low-income housing tax credit (LIHTC) fund as part of an ongoing effort to provide a reliable source of capital for affordable rental housing and underserved markets. The fund, which will be known as Raymond James Affordable Housing Fund 11 L.L.C., will be managed for Fannie Mae by its partner in the fund, Raymond James Tax Credit Funds, Inc.

The Raymond James Affordable Housing Fund 11 L.L.C. will focu...