Workforce and Attainable Housing

We view housing as social infrastructure; providing families with a stable home that meets their needs and helps them access a better quality of life.

Over the past 15 years, our team has financed over 2,000 multifamily housing units across the country with various capital structures: traditional construction loans, term loans, mezzanine loans, tax-exempt bonds, cash flow loans, and private equity. We have worked with multiple owners over the last two financial cycles to bring critical housing projects to life, including market rate and affordability.

A key principle in exploring innovative solutions for delivering housing projects has been minimizing the need for state or local resources. In the affordable and workforce housing space, this means identifying solutions that are not reliant upon tools like Low-Income Housing Tax Credits (LIHTC) and Private Activity Bonds (PABs). While these are valuable tools, they are limited in nature and lengthy in execution. This quickly presents challenges to providing housing at the scale and in the time needed to achieve impact.

Who we partner with:

  • Anchor institutions (healthcare systems, public school districts, colleges, and universities)

  • State and local governments

  • Real estate developers