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NAHT for Developers

When developers partner with NAHT, they immediately understand the reasons for our reputation as a high-quality, service-oriented equity syndicator.

Resources for developers

NAHT for Investors

NAHT has decades of experience in identifying, securing, and managing Low Income Housing Tax Credit (LIHTC) equity. We ensure timely returns and community impact for our investor partners.

Resources for investors

Our Joint Venture with LIIF and SAHF

Our Collaborative Goal

In 2020, NAHT launched a strategic partnership with Low Income Investment Fund (LIIF) and Stewards of Affordable Housing for the Future (SAHF) that aims to raise $1 billion by 2025—establishing, securing, and maintaining 10,000 affordable homes nationwide.

About the Joint Venture

NAHT’s joint venture combines our strengths and resources with those of LIIF, a national nonprofit financial institution with $900 million in assets under management, and SAHF, a nonprofit collaborative of twelve affordable housing providers who own more than 150,000 rental homes. This partnership received the generous support of the SeaChange-Lodestar Fund for Nonprofit Collaboration.

This offers nonprofit and mission-driven developers more than just equity capital. It provides them with flexible financing solutions that align with their mission, alongside comprehensive support throughout the project life cycle. At the same time, it provides mission-aligned investors with access to significant social benefits and attractive financial returns.

Our joint venture intends to address the housing crisis that threatens people across our country with eviction—especially those from communities of color and low-income communities. By amplifying tenant voices and prioritizing their needs, we can make tangible progress toward our shared vision: a future where safe, quality, affordable housing is accessible to everyone.


Joint Venture Initiatives

Black Developer Capital Initiative

The Joint Venture launched its first project, the Black Developer Capital Initiative (BDCI), in 2021. BDCI aims to provide at least $70 million to bolster the growth of Black-led nonprofit and for-profit housing developers. We also worked nationally to give developers access to $50 million in Low-Income Housing Tax Credit (LIHTC) equity through their Black Developers Initiative (BDI) Fund. The first deal in this ongoing initiative was a $75 million fund with Goldman Sachs, as a part of their “One Million Black Women” initiative.

UnitedHealth Invests $100M in Affordable Housing

UnitedHealth Group (UNH) has further strengthened its commitment to addressing housing insecurity and promoting health by investing an additional $100 million in the Health & Housing Fund, a collaboration with Stewards of Affordable Housing for the Future (SAHF) and the National Affordable Housing Trust (NAHT). The latest infusion of funds brings UNH’s total contribution to nearly $800 million and is poised to create about 19,000 affordable homes, with over 1,000 directly resulting from the new investment. The company, which underscores the close ties between housing and health, has also devoted a $1 million investment towards health-related services for residents of these communities, aiming to drive improved health outcomes. Since the inception of its partnership with SAHF and NAHT in June 2020, UNH has continued to set a laudable example of how healthcare and affordable housing can work symbiotically to foster healthier communities.

Fund to Preserve Affordable Housing

NAHT, LIIF, Calvert Impact Capital, and Mercy Loan Fund (MLF) joined forces to allocate capital for the second round of the Fund to Preserve Affordable Communities (FPAC), a $100 million initiative dedicated to safeguarding affordable housing for financially disadvantaged families nationwide. FPAC offers resources to SAHF members for the procurement of housing preservation projects.

Connect with Equity

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Development Advisory Services

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