Today, October 22, 2026, marks the 40th Anniversary of the Low-Income Housing Tax Credit (LIHTC). As our country's most effective tool for financing the development of affordable housing, LIHTC has financed more than 4 million homes for low-income families and individuals nationwide since 1986. National Equity Fund and our mission were founded by LISC only three months after LIHTC was established to further enhance our affiliate's nationwide development work.

Since being founded in 1987, NEF has invested more than $30 billion, representing approximately 292,000 new or preserved affordable homes for individuals, families, and communities in need across the country. And while our capabilities and products continue to evolve, today — and every day — we are reminded that NEF would not exist without LIHTC.

Thank you to our long-time and new partners for your continued collaboration and integrity for the past four decades and we look forward to the years of partnership to come.

We are proud to celebrate the 40th Anniversary of LIHTC and continue its legacy of expanding the creation and preservation of affordable housing for the next 40 years and beyond!