National Equity Fund, Inc.

_ONE OF THE FIRST Low‑Income Housing Tax Credit syndicators, NEF has shaped affordable housing finance.

Based in Chicago, it has a national reach spanning all 50 states plus Puerto Rico and the U.S. Virgin Islands.

Through LIHTC syndication and structured finance, NEF weaves together capital sources to back diverse housing projects.

Their work spans pre‑development loans, preservation of aging properties, workforce rentals, and permanent supportive housing.

In 2024 alone, NEF deployed a record amount in LIHTC equity and preservation and workforce deals.

They’ve pioneered initiatives like the Emerging Minority Developer Fund and combine opportunity‑zone credits with LIHTC.

NEF’s portfolio includes supportive housing for vulnerable groups—veterans, seniors, formerly unhoused individuals—and urban to rural communities.

They closed their tenth Homestead Equity Fund, expanding their impact across multiple regions.

Investing in People. Empowering Women. Diversifying Leadership.