Friday, March 3, 2017

Wells Fargo Ranked No. 1 Affordable Housing Investor in the U.S.

Bank’s financing efforts helped create more than 180,000 units of affordable housing nationwide


March 01, 2017 09:00 AM Eastern Standard Time




SAN FRANCISCO--()--Wells Fargo & Company (NYSE: WFC) has been named the largest investor in affordable multifamily housing in the U.S., according to research conducted by accounting firm, Cohn Reznick. With increasing demand for affordable rental options across the nation, Wells Fargo is helping to bridge the affordability gap as the number one investor in Low Income Housing Tax Credits for affordable multifamily housing in the U.S., with $9 billion in investments over the last five years..........Read More

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