National Equity Fund, Inc.
National LISC created its affiliate, the National Equity Fund, Inc. (NEF) in 1987 as its tax-credit syndication arm in an effort to deliver additional capital to CDCs focused on affordable housing development.
NEF has bcome the nation’s largest nonprofit syndicator of low-income housing tax credits. Together with National LISC, NEF has developed partnerships with local community organizations, for-profit developers, institutional investors, foundations and government agencies that have made a measurable difference in distressed urban neighborhoods and underserved rural areas.
LISC and NEF have offered hundreds of thousands of people better lives and brighter futures. Together, LISC and NEF are helping neighbors build communities.