WOODLAND HILLS, Calif., July 18, 2016 /PRNewswire/ -- Alliant Capital, Ltd. announced the closing of a $105 million low-income housing tax credit (LIHTC) fund. Eleven properties are specified in Alliant Tax Credit Fund 85, and will finance the construction or rehabilitation of approximately 1,200 units in 9 states. The developments will be targeted to a mix of families, seniors and farm workers.
Brian Goldberg, president of Alliant Capital, Ltd. said, "Alliant's continued partnership with developers and investors leads to valuable job creation within the local markets. The LIHTC is vital for those who need quality affordable housing, and we are excited to continually collaborate with developers and investors to help local communities."
About Alliant Capital, Ltd.
Headquartered in Woodland Hills, CA, Alliant has syndicated more than 85 funds, raised over $6.7 billion in investor equity, and invested in excess of 900 properties comprising over 86,000 LIHTC units.