National Equity Fund

NEF Achieves Record-Breaking Year with $2.7 Billion in Total Affordable Housing Investments for 2024

2024 Results PR V1 (2)
January 14, 2025

"Thanks to our deep relationships, strong product offerings and the perseverance of our exceptional teams, I'm proud that we helped create or preserve more than 16,000 affordable homes in 2024 in service of our mission," said Matthew Reilein, president and CEO at National Equity Fund.

NEF had the strongest performance in its history last year, providing record level financing to support affordable homes across the country. Despite economic headwinds and uncertainty that impacted much of 2024, NEF raised and deployed $2.7 billion in affordable housing investments, including $1.8 billion in LIHTC-specific equity.

Read the full press release.

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