IRVINE, Calif., Jan. 29, 2018 /PRNewswire/ -- WNC, a national investor in real estate and community development initiatives, announced today that executive vice president and chief operating officer Michael Gaber will serve a two-year term as the 2018 – 2019 president of the Affordable Housing Tax Credit Coalition (AHTCC), the leading trade organization of housing professionals who advocate for affordable rental housing financed using the low-income housing tax credit.
Founded in 1988, the AHTCC represents housing credit stakeholders before organizations such as Congress and the White House with the goal to improve the program and preserve and expand the housing credit.
Michael Gaber previously served as first vice president and chair of the legislative committee of the Affordable Housing Tax Credit Coalition and is currently a member of its board of directors.
"The Affordable Housing Tax Credit Coalition plays a crucial role in the protection and expansion of the nation's supply of affordable housing by advocating for one of the industry's most important tools – the LIHTC program," said Gaber. "The efforts of the coalition align perfectly with WNC's commitment to preserving and expanding existing affordable housing, and I am looking forward to expanding the scope and influence of the coalition throughout 2018."
In his role at WNC, Gaber oversees the firm's underwriting, asset management and fund management groups. Prior to joining WNC in 1997, he was involved in the valuation of major assets and restructuring debt with a large financial institution. He is also on the board of directors for the California Housing Consortium and the National Housing and Rehabilitation Association.
About WNC
WNC, founded in 1971 and headquartered in Irvine, Calif., is a national investor in real estate and community development initiatives, as well as a leading investor in low-income housing tax credits (LIHTC). WNC has acquired more than $8.3 billion of assets totaling in excess of 1,300 properties in 47 states, Washington D.C., and the U.S. Virgin Islands. WNC's investor base exceeds 19,500 institutional and retail clients, including Fortune 500 companies, multinational banks, and insurance companies. Additional information is available at www.wncinc.com.
Contact
Julie Leber
Spotlight Marketing Communications
949.427.5172 ext. 703
julie@spotlightmarcom.com
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SOURCE WNC
