National Equity Fund (NEF)
National Equity Fund, Inc. (NEF, Inc.), an affiliate of LISC, is committed to affordable housing, and they have 1,100 projects that prove it. Since 1987, they have infused nearly $3.8 billion in investor equity into projects in 200 urban neighborhoods and rural areas nationwide. But NEF, Inc. is about more than a check and a handshake. They understand how the concept of "home" anchors a community, how it helps nurture local culture and support long-term stability. They know that safe, vibrant neighborhoods need not be the province of the affluent. That's why, together with LISC, they are helping neighbors build communities.
Through the National
Equity Fund (NEF), LISC has access to a pool of equity investment to support
Federal Low-Income Housing Tax Credit developments. NEF raises equity
contributions from corporate investors and then provides the capital to
non-profit developers to support community-based affordable housing development. In Hartford, NEF has invested over $69 million in projects resulting in the development of 740 units of
housing.