CREA is proud to announce the successful closing of CREA Corporate Tax Credit Fund 117, LP (“Fund 117”) at the end of 2025, which reached a total of $403.2 million in equity. As CREA’s 41st multi‑investor fund, 30th national fund, and the largest in CREA’s history, Fund 117 brings together 14 investor partners, including one new relationship, underscoring continued confidence in CREA’s platform and commitment to affordable housing. 

CREA, a national low-income housing tax credit (LIHTC) syndicator advancing affordable housing opportunities nationwide, is proud to announce its record‑setting results for 2025. CREA closed $1.385 billion in investor equity across 29 states, while also expanding into two U.S. territories. In total, CREA raised $1.955 billion in investor equity - marking the highest annual totals for both closed and raised equity in the company’s history.

CREA is proud to announce the successful closing of CREA Corporate Tax Credit Fund 115, LP ("Fund 115") on September 10, 2025. As CREA’s 40th multi-investor fund and 29th national fund, Fund 115 raised $232 million in equity from eight investor partners, of which all are repeat relationships reflecting continued confidence in CREA’s mission and performance.

We are pleased to share CREA’s inaugural annual report! This report reflects the hard work and dedication that has gone into advancing our