National Equity Fund (NEF) announced expansion in the west with the acquisition of the assets of Mountain Plains Equity Group, Inc. (MPEG), including the ownership of MPEG Acceptance Corporation (Acceptance Corp.). Based in Billings, MT, MPEG began operations as a small LIHTC syndicator in August 2003 and was responsible for the development of affordable housing primarily in six states including Alaska, Colorado, Montana, North Dakota, South Dakota and Wyoming. Acceptance Corp. was created by MPEG to act as a project level investment entity and routinely serves as a special limited partner in LIHTC project partnerships.