National Equity Fund (NEF) announced that it has raised over $1 billion through the Homestead Equity Fund. NEF first took over the Homestead Equity Fund (HEF) in 2010 when the organization acquired Homestead Capital, a regional LIHTC syndicator formerly based in Portland, OR. Since the acquisition, NEF has closed ten Homestead Equity Funds resulting in $1 billion total in equity, with the latest, Homestead Equity Fund XIX, closing this summer with $222 million.
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