Habitat For Humanity International Announces New Partnership To Invest $82.5 Million In Affordable Housing

Habitat for Humanity International’s community development financial institution, Habitat Capital, announced a new partnership to establish an $82.5 million Property Acquisition Fund to boost affordable housing production throughout the U.S. by an estimated 1,000 homes. The additional homes represent a projected 5% increase over Habitat’s most recent baseline production of 3,482 housing units.

The capital was raised through the support of mission-aligned investors with an innovative structure and impact-driven operational principles. This includes Class A investors, such as JPMorgan Chase, Wells Fargo, and Enterprise Community Loan Fund. Class B investors include ImpactAssets . . .