IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states. Fund 56, a $302 million equity fund that closed in April 2024, is WNC's largest multi-investor fund to date. "The closing of Fund 56, our biggest Fund to date, is a testament to the incredible developer and investor partnerships that we have fostered at WNC, and we are thankful for these relationships that will bring nearly 2,400 affordable housing units in 16 states to fruition," said Anand Kannan, President of WNC. The ...