Irvine, Calif—WNC & Associates Inc., a national investor in urban renewal and affordable housing projects, has promoted two executives, bolstering its Legal Services and Acquisitions divisions amid continued growth and expansion.
Kelly Henderson, Esq. has been promoted to the position of senior vice president–legal affairs. Her responsibilities will include structuring partnership agreements, serving as legal counsel on transactions and assisting WNC’s Acquisitions team in structuring complex transactions. Henderson previously served as a vice present and team leader on WNC’s Acquisitions team.
Greg Hand, a WNC team member since 1988, has been promoted to the position of chief underwriter–acquisitions, where he will serve as department head of the Acquisitions team. His responsibilities will include the oversight of the underwriting process for all Low Income Housing Tax Credits (LIHTC) transactions. He will also retain his membership on WNC’s New Markets Tax Credits (NMTC) and Acquisitions Committees.
The promotion of Henderson and Hand comes on the heels of WNC’s most successful year since its founding in 1971, with the firm sponsoring its 200th fund and receiving its fourth New Markets Tax Credit allocation. WNC’s syndication team also closed nearly $400 million of equity across eight different funds.