National Equity Fund Board of Directors Announce New Member

Kris Switzer joins LIHTC syndicator's prominent experts

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Mar 18, 2015, 03:15 ET

CHICAGO, March 18, 2015 /PRNewswire-USNewswire/ -- National Equity Fund, Inc.'s board of directors today elected its newest member, Kris Switzer, senior vice president of U.S. Bancorp Community Development Corporation. NEF is a leading syndicator of Low Income Housing Tax Credits playing an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 27 years.

"Kris is an excellent addition to our highly accomplished board of directors," commented Larry Dale, board chairman. "We look forward to tapping into her insights and expertise to increase our impact on the affordable housing industry and the people who benefit from its existence."

"I'm delighted to join NEF's board to help achieve our shared mission of providing affordable housing for the nation's underserved communities," said Switzer. "NEF is a great community organization and a true benefit to the neighborhoods it serves. I'm honored to be involved with this board so that U.S. Bancorp and NEF can continue working on solving our country's affordable housing issues together."

Switzer oversees all aspect of LIHTC, New Markets Tax Credit, Renewable Energy Tax Credit and Historic Tax Credit asset and risk management activities for USBCDC and USBCDE, the Community Development Equity of USBCDC. Prior to joining USBCDC in 2004, she worked as a commercial banking officer. She also has several years of experience in commercial real estate serving as a senior mortgage representative at the Principal Financial Group in Des Moines.

About National Equity Fund, Inc.
National Equity Fund, Inc. is a leading syndicator of Low Income Housing Tax Credits. The Chicago-based non-profit is an affiliate of the Local Initiatives Support Corporation and has played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 27 years. It has invested $11.4 billion in 2,300 LIHTC developments, creating approximately 140,000 affordable homes for low-income families and individuals. For more information, visit www.nefinc.org/

Contact: Maureen Mullady
312.480.6175
[email protected]

SOURCE National Equity Fund