Forty minutes south of Orlando, I sat in an old prison “classroom” with 40 men all working towards improvement, change and new beginnings. While an observer could easily tell the outward difference between the volunteers and the men in “blues,” that same observer...
MFIF Schedules Second Investor Close
The ASI Multi-Family Impact Fund (MFIF), formed by Alliant Strategic Investments (“ASI”) and CommonGood Capital, recently made some exciting progress as the second investor close was announced to occur on January 16th. The MFIF sources, acquires, enhances,...
We are coming to a city near you!
CommonGood Capital and Alliant Strategic are planning on-site housing visits in Q1 & Q2 of 2023 in 5 cities including Los Angeles, Seattle, Chicago, Cleveland, and Dallas. These on-site visits will last about 3 hours, and will allow you to see first-hand what...
Whitepaper: The Renter’s Dilemma
The National Low Income Housing Coalition (NLIHC) estimates there is a shortage of at least 7 million affordable housing units in the U.S. today. There is no single definition for affordable housing, but a rule of thumb in law and practice is affordable housing must...
ASI Multifamily Impact Fund, LP Acquires Oak Hill Village Apartments
The ASI Multi-Family Impact Fund, LP, which is focused on providing Affordable and Workforce housing primarily serving minority populations and lower income residents, recently acquired Oak Hill Village Apartments - an affordable, 181-unit multifamily property...
The Scale of the US Affordable Housing Crisis
There are numerous human and financial factors pertaining to affordable housing. As of the most recent data from the U.S. Census Bureau, over 30 U.S. states, including Florida, California, and Texas – the three largest by population - have at least 5% of adults...
The Values Of Older And New Generations Are Increasingly Difficult To Reconcile
Wealthmanagement.com recently published a great article on how family offices are seeing new challenges in succession planning due to the increasingly wider investment values differences between older and younger generations... "In particular, succession...
Celebrating 5 Years of Impact
At 40, as an executive at a leading alternative asset management firm, a back surgery forced me to slow down and become acutely aware of my own limitations physically, emotionally, and spiritually. Five weeks into that journey I sat at my couch and watched a DVD...
How We Walk the Walk
Whether helping RIAs create deeper, more meaningful intergenerational relationships with their clients, creating alignment with investor capital and the local and global opportunities they care about, and being a source of advice and implementation of innovative...
OZ Fund Closing End of Q1
Opportunity Zones were established by Congress under the TCJA to encourage investment in designated low-income, economically distressed areas across the United States. Qualified Opportunity Zone Funds are timely for investors who are looking to diversify outside of...
Affordable Housing Part #3: “Renters by Necessity”
Median US home prices rose 25.5% from June 2020 to September 2021 according to the Federal Reserve Bank of St. Louis. This is the largest increase over any five-quarter time period since these figures began being tracked way back in 1963. While homeowners may...
Russell Ginise on the shortage of Affordable and Workforce Housing
We recently sat down with Russell Ginise, President of Alliant Strategic, to find out more about the extreme shortage of Affordable and Workforce Housing in the US. The Alliant Strategic team has 25 years of industry experience and has invested in 100,000+ units in 48...
Millions Risk Eviction This Month
This is a critical time for the affordable housing crisis in America and an area we have been passionate about driving capital to for a long time. LinkedIn News recently reported... "With more than 11 million Americans behind on their rent, many could be forced...
Opportunity Zone Deadlines and Capital Gains Tax Changes
The Opportunity Zone program continues to be a great way for investors to defer, reduce, and even eliminate capital gains tax while making a positive impact in lower income communities across the United States. In light of everything going on today, it's an...
Multi-Family Impact Fund Explained
The ASI Multi-Family Impact Fund, LP is focused on the need for Affordable and Workforce housing. The shortage of rental housing in the U.S. for the lowest income renters exceeds 7 million units and continues to grow. There is immense opportunity to acquire, enhance,...