IRVINE, Calif., Oct. 19, 2015 (GLOBE NEWSWIRE) -- WNC, a national investor in real estate and community development initiatives, announced today that 20-year affordable housing veteran Wendy Yan has been promoted to vice president of underwriting.
“Wendy has a wealth of experience and has shown great commitment to WNC’s mission of protecting and expanding the nation’s limited supply of affordable housing,” said Will Cooper Jr., president and chief executive officer of WNC. “She is a well-respected professional with an in-depth understanding of low-income housing tax credits and I couldn’t be happier to announce her new and expanded role.”
Yan joined WNC, a leader in the LIHTC industry, in 2011 as a senior project manager of underwriting and was later promoted to a director of underwriting. Throughout her career, she has been involved in land acquisition and entitlement, due diligence review, financial underwriting/structuring and public and private financing.
Yan earned a bachelor’s degree and a master’s degree from the University of California, Los Angeles.
WNC, founded in 1971 and headquartered in Irvine, Calif., is a national investor in real estate and community development initiatives. WNC has acquired more than $7 billion of assets totaling in excess of 1,225 properties in 45 states, Washington D.C. and the U.S. Virgin Islands. Since 2000, WNC has been awarded four New Markets Tax Credit (NMTC) allocations, totaling $178 million, and has facilitated development of 17 low-income community projects. 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.
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Source:WNC & Associates