Larger LIHTC deals require larger solutions. When a single investor isn't the right fit, club funds offer a powerful way to bring multiple investors together and get deals across the finish line.
As Liz Hibbard, Senior Vice President, Innovation and Strategic Growth at NEF explains, "A club fund typically centers on a single, large transaction, bringing together two or more investors to support that deal." Through this unique tool, "smaller, mid-sized investors to have an opportunity to support an exciting, high-profile deal that might be in their local community. Club funds are also bringing together large investors.”
Read the full Tax Credit Advisor article to learn more
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