Walker & Dunlop Inc. Expands Affordable Housing Efforts with $240 Million LIHTC Fund Across Ten States

Reuters

07/01

Walker & Dunlop Inc. Expands Affordable Housing Efforts with $240 Million LIHTC Fund Across Ten States

Walker & Dunlop Inc. has announced the successful closing of Fund 124, a $240 million Low-Income Housing Tax Credit (LIHTC) Investment Fund aimed at bolstering affordable housing in 15 key U.S. markets. The largest LIHTC fund in the company's history, Fund 124 will facilitate the development of 18 properties across ten states, including California, Texas, and Florida, adding a total of 1,701 affordable housing units. The initiative highlights the company's commitment to affordable housing, with 44% of the units benefiting from project-based Section 8 subsidies. The development is expected to generate approximately 4,542 jobs and an estimated $898 million in economic impact. This expansion underscores Walker & Dunlop's dedication to providing high-quality housing and enhancing local communities nationwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Walker & Dunlop Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250701105849) on July 01, 2025, and is solely responsible for the information contained therein.

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