Freddie Mac partnering with RBC to provide $180 million for affordable housing
Freddie Mac | January 22, 2019
Freddie Mac, which re-entered the Low-Income Housing Tax Credit market last year after nearly 10 years away, is partnering with RBC to provide more than $180 million for affordable rental housing. Freddie Mac announced Tuesday that it closed a LIHTC Fund with RBC Capital Markets’ Tax Credit Equity Group. Investments from the fund have already begun, the government-sponsored enterprise said. The investment marks Freddie Mac’s fourth LIHTC venture in the last few months. Back in November, Freddie Mac inked a similar deal with Boston Financial Investment Management