<?xml version="1.0"?>
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    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001451788</cik>
        <entityName>WNC Tax Credits 37, LLC</entityName>
        <issuerAddress>
            <street1>17782 SKY PARK CIRCLE</street1>
            <city>IRVINE</city>
            <stateOrCountry>CA</stateOrCountry>
            <zipCode>92614</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>714-662-5565</issuerPhoneNumber>
        <jurisdictionOfInc>CALIFORNIA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>NA</firstName>
                <lastName>WNC Housing Tax Credits Manager, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager of Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>NA</firstName>
                <lastName>WNC &amp; Associates, Inc.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager of Manager of Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Wilfred</firstName>
                <middleName>N.</middleName>
                <lastName>Cooper, Sr.</lastName>
            </relatedPersonName>
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                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Wilfred</firstName>
                <middleName>N.</middleName>
                <lastName>Cooper, Jr.</lastName>
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            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>N.</middleName>
                <lastName>Shafer</lastName>
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                <street1>17782 Sky Park Circle</street1>
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                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>J.</middleName>
                <lastName>Gaber</lastName>
            </relatedPersonName>
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                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>J.</middleName>
                <lastName>Riha</lastName>
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            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Melanie</firstName>
                <lastName>Wenk</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kay</firstName>
                <middleName>L.</middleName>
                <lastName>Cooper</lastName>
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            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jennifer</firstName>
                <middleName>E.</middleName>
                <lastName>Cooper</lastName>
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            <relatedPersonAddress>
                <street1>17782 Sky Park Circle</street1>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <zipCode>92614</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Relationship is with Manager of Manager</relationshipClarification>
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    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Real Estate</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001011723-09-000015</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-04-23</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>limited liability company interests</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>54000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>WNC Capital Corporation</recipientName>
                <recipientCRDNumber>36174</recipientCRDNumber>
                <associatedBDName>WNC Capital Corporation</associatedBDName>
                <associatedBDCRDNumber>36174</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>17782 Sky Park Circle</street1>
                    <city>Irvine</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>92614</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                    <state>CO</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>IA</state>
                    <state>NC</state>
                    <state>ND</state>
                    <state>NY</state>
                    <state>OH</state>
                    <state>TX</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>FSC Securities Corporation</recipientName>
                <recipientCRDNumber>7461</recipientCRDNumber>
                <associatedBDName>FSC Securities Corporation</associatedBDName>
                <associatedBDCRDNumber>7461</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>2300 Windy Ridge Pkwy, Suite 1100</street1>
                    <city>Atlanta</city>
                    <stateOrCountry>GA</stateOrCountry>
                    <zipCode>30339</zipCode>
                </recipientAddress>
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                    <state>CA</state>
                    <state>CO</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>IA</state>
                    <state>MN</state>
                    <state>NC</state>
                    <state>ND</state>
                    <state>NE</state>
                    <state>OH</state>
                    <state>TX</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Berthel, Fisher &amp; Company Financial Services, Inc.</recipientName>
                <recipientCRDNumber>13609</recipientCRDNumber>
                <associatedBDName>Berthel, Fisher &amp; Company Financial Services, Inc.</associatedBDName>
                <associatedBDCRDNumber>13609</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>701 Tama Street, Building B</street1>
                    <city>Marion</city>
                    <stateOrCountry>IA</stateOrCountry>
                    <zipCode>52302</zipCode>
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                    <state>CA</state>
                    <state>CO</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>IA</state>
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                    <state>ND</state>
                    <state>NE</state>
                    <state>OH</state>
                    <state>TX</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>VSR Financial Services, Inc.</recipientName>
                <recipientCRDNumber>14503</recipientCRDNumber>
                <associatedBDName>VSR Financial Services, Inc.</associatedBDName>
                <associatedBDCRDNumber>14503</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>9620 W. 110th Street, Suite 200</street1>
                    <city>Overland Park</city>
                    <stateOrCountry>KS</stateOrCountry>
                    <zipCode>66210</zipCode>
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                    <state>CA</state>
                    <state>CO</state>
                    <state>FL</state>
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                    <state>MN</state>
                    <state>NC</state>
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                    <state>OH</state>
                    <state>PA</state>
                    <state>TX</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Lisa M. Lyons</recipientName>
                <recipientCRDNumber>2086482</recipientCRDNumber>
                <associatedBDName>Royal Alliance Associates, Inc.</associatedBDName>
                <associatedBDCRDNumber>23131</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>21800 Burbank Blvd., Suite 325</street1>
                    <city>Woodland Hills</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>91367</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Securities America, Inc.</recipientName>
                <recipientCRDNumber>10205</recipientCRDNumber>
                <associatedBDName>Securities America, Inc.</associatedBDName>
                <associatedBDCRDNumber>10205</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>12325 Port Grace Blvd.</street1>
                    <city>Lavista</city>
                    <stateOrCountry>NE</stateOrCountry>
                    <zipCode>68128</zipCode>
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                <statesOfSolicitationList>
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                    <state>CO</state>
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                    <state>NE</state>
                    <state>OH</state>
                    <state>TX</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Robert S. Butkus</recipientName>
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                    <state>CA</state>
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            <recipient>
                <recipientName>James A. Brewer</recipientName>
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                    <state>OH</state>
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            <recipient>
                <recipientName>Matthew P. Bonito</recipientName>
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            <recipient>
                <recipientName>SagePoint Financial, Inc.</recipientName>
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                    <stateOrCountry>AZ</stateOrCountry>
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                    <state>DC</state>
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                    <state>NJ</state>
                    <state>OH</state>
                    <state>OR</state>
                    <state>TX</state>
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            <recipient>
                <recipientName>Haynes L. Kendell, Jr.</recipientName>
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                    <state>CA</state>
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            <recipient>
                <recipientName>David G. Elhoff</recipientName>
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                <recipientName>Steven W. Kraut</recipientName>
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                <recipientName>Donald H. Robinson</recipientName>
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                    <state>HI</state>
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                <recipientName>Gary L Flater</recipientName>
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        </salesCompensationList>
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            <totalAmountSold>5260000</totalAmountSold>
            <totalRemaining>740000</totalRemaining>
            <clarificationOfResponse>Issuer has terminated the offering.</clarificationOfResponse>
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        <investors>
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            <totalNumberAlreadyInvested>83</totalNumberAlreadyInvested>
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                <isEstimate>true</isEstimate>
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        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>WNC Tax Credits 37, LLC</issuerName>
                <signatureName>/s/ David N. Shafer</signatureName>
                <nameOfSigner>David N. Shafer</nameOfSigner>
                <signatureTitle>Exec. Vice President of Managing Member of Manger of Issuer</signatureTitle>
                <signatureDate>2010-03-15</signatureDate>
            </signature>
        </signatureBlock>
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</edgarSubmission>
