Regions Bank closes affordable housing fund

Fund 57 will support the construction of 16 properties.

Regions Bank has closed a $126 million tax credit equity fund that will help provide affordable housing in 10 states. The Regions Affordable Housing Corporate Partners Fund 57 LLC — known as Fund 57 — will finance 16 housing properties through the Low-Income Housing Tax Credit program. The properties are in Georgia, Tennessee, Texas, North…

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