IRVINE, Calif., August 29, 2022 /PRNewswire/ — WNCa leading provider of investment, asset management and development services to the affordable housing sector, today announced the appointment of Michel Egidi as Vice President of Investor Relations.
“We are happy to welcome Michel Egidi at WNC,” said Christine Cormier, executive vice president of fund management and investor relations. “Michael’s extensive experience in the affordable housing space and sophisticated financial background will prove invaluable to WNC in our ongoing outreach and communications with our institutional investors and other strategic partners.”
Egidi brings over 12 years of affordable housing finance experience to his new role at WNC. Prior to joining the firm, he worked as a Director and Multi-Investor/Equity Origination and Underwriting Team Leader at a multinational financial services holding company. Over a professional career spanning more than 20 years, Egidi has managed the origination, underwriting and closing of multi-investor fund investments related to the Low Income Housing Tax Credit (LIHTC) , and led fund-level bridge loan facilities to support the community development strategy, as well as the investment and lending goals of the Community Reinvestment Act. He has managed client relationships with regional and national syndication partners and has participated in the underwriting and closing of more than $2 billion in LIHTC investments.
Egidi obtained a baccalaureate from University of Michigana master’s degree in business administration from the Booth School of Business in University of Chicago and holds the Chartered Financial Analyst® designation.
WNCfounded in 1971 and based in Irvine, California., is a national investor in affordable housing and community development initiatives. The company has acquired approximately $15.2 billion of assets totaling over 1,700 properties in 48 states, Washington D.VS., and the US Virgin Islands. WNC The 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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