Merchants Capital Tax Credit Equity Fund 31 closes $160M offering
Merchants Capital Tax Credit Equity Fund 31, L.P., an Indiana limited partnership, completed a $160 million equity offering under Rule 506(b), with all units sold to 10 investors at a $9 million minimum investment. The first sale occurred on June 24, 2026.
Key facts
- $160,000,000 total offering amount
- 10 investors to date
- $9,000,000 minimum investment
- 100% of target sold
- June 24, 2026 date of first sale
- Rule 506(b) exemption claimed
- Equity securities
- $0 sales/finders compensation
Why it matters
The fund has fully capitalized its vehicle for tax-credit-focused real estate investments, reaching its target raise and establishing its committed investor base.
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Derived from D filed 2026-07-07. Not investment advice. View the source filing on SEC.gov →