Housing is essential – it has always played a vital role in shaping the outcomes of each member of a household. The shortage of rental housing in the U.S. for low-income tenants has never been clearer with an immediate need of over 7 million units, many of whom are in minority populations. The supply of Affordable and Workforce housing units is shrinking, as new construction has not kept pace with growing demand.
In the face of this growing need for clean, safe, and affordable housing, Alliant Strategic Investments and CommonGood Capital have created the ASI Multi-Family Impact Fund (MFIF), to help create and preserve this critically needed housing. MFIF will source, acquire, enhance, and operate a portfolio of multi-family properties consisting of both Affordable and Workforce housing assets located in census tracts with significant minority populations.
Just last week we held an overview webinar of the new fund that you can watch in full by clicking the video below…
We at CommonGood Capital encourage you to consider the opportunity – both to generate potentially competitive returns for investors – while also refreshing and enhancing the current supply of Affordable and Workforce housing for the largest working class of Americans in history. Please contact us for full fund details.