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WNC & Associates, Inc. has closed a $66.3 million funding round for its California Affordable Housing Fund. This marks a significant milestone in the company's 55-year history of supporting affordable housing projects in California.

PRIVATESep 08, 2026about 3 hours ago

Amount Raised

$66.3 Million

Round Type

Venture - Series Unknown

IrvineFinanceFintech

Description

WNC & Associates, Inc., a pioneer in the affordable housing industry, has closed its WNC Institutional Tax Credit Fund X California Series 23, L.P. The $66.3 million fund is focused on multi-investor affordable housing projects in California. Over its 55 years, WNC has raised nearly $1.5 billion across its California-focused funds. This funding will support continued efforts to create and preserve affordable homes in the state.

Company Information

Company

WNC & Associates

Location

Irvine, California, United States

About

WNC, founded in 1971 and headquartered in Irvine, California, is a pioneer in the affordable housing sector and a recognized leader in tax credit syndication, community preservation services, and private equity fund management.

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