NEW YORK: The three hundred and sixty-ninth entry for the seniors housing Global Awards for 2015 has been received.
RBC Capital Markets Tax Credit Equity Group has closed a $127.6 million low-income housing tax credit fund.
RBC Tax Credit Equity National Fund—21 consists of 19 affordable housing tax credit properties in 11 states and Puerto Rico, resulting in 1,529 units of affordable housing within 14 family and five senior developments.
Six institutional investors participated in the fund.
The properties are located in California, Florida, Georgia, Minnesota, Missouri, New York, North Carolina, Puerto Rico, South Carolina, Tennessee, Texas, and Wyoming.
RBC Capital Markets is a finalist in the affordable housing funder category.
