August 18, 2015
NDC Corporate Equity Fund (NDC CEF) is proud to announce its’ twelfth low-income housing tax credit (LIHTC) fund, NDC Corporate Equity Fund XII, L.P. The $60 – $75 million fund is scheduled to have its’ first Fund closing late summer 2015.
NDC CEF, provides equity capital for the construction and preservation of affordable housing using LIHTC, Federal and State Historic Preservation Tax Credits and Renewable Energy Credits.
“We owe great thanks to our partners and investors for their continued support of NDC Corporate Equity Fund” said Ann Vogt, Managing Director, NDC Corporate Equity Fund, L.P. “We look forward to investing our time, expertise and equity in projects across the country that will provide much needed quality affordable housing units.”
Over the past 20 years, NDC CEF has successfully subscribed eleven previous multi-investor funds (NDC CEF I through XI) raising and investing more than $550 million in housing for families, seniors and people with special needs nationwide. The 175 projects in NDC Corporate Equity Fund’s portfolio total over $1.5 billion in investments and include over 7,500 units of LIHTC housing in 29 states.