San Francisco Foundation Invests in Building Impact Initiative for Affordable Housing

Tackling the affordable housing crisis takes a village—and a lot of strategic financing. 🏠 My colleague Justin Shackleford recently shared how Capital One is driving change through innovative partnerships and investment. Take a look at the full article in Commercial Observer here: https://lnkd.in/eCSebxRh #FinancingChange #CapitalOne #LifeatCapitalOne #CRE #CommercialRealEstate #AffordableHousing #AFH

Driving real change in the affordable housing sector requires both commitment and capital. This Commercial Observer article details how Capital One's is tackling the affordable housing crisis with a comprehensive, multi-pronged strategy - combining strategic partnerships and meaningful investment in the communities we serve. Last year alone we provided $2.9 billion in financing for over 15,000 units of affordable rental housing, and we're scaling our impact with our $265 billion Community Benefits Plan. I know the Capital One team will continue to leverage Low Income Housing Tax Credits (LIHTC) and seek out innovative solutions to deliver large-scale community impact! Thanks for helping tell our story, Justin Shackleford!

It's more important than ever to address the issue of affordable housing with problem solving and new opportunities. I'm proud of the multi-pronged approach Capital One is taking; this Commercial Observer article highlights our commitment, including $2.9 billion in financing for affordable rental housing last year and the launch of our $265 billion Community Benefits Plan. It's a true collaboration—from utilizing Low Income Housing Tax Credits to scaling homeownership pathways—to make a meaningful impact in our communities. Thanks for helping tell our impact story, Justin! #AffordableHousing #CommunityDevelopment #CapitalOne https://lnkd.in/eRZ42iCY

The City of Burlington is demonstrating strong leadership in addressing the housing crisis through a new partnership with Indwell Community Homes. By leasing city-owned land on Waterdown Road for a 74-unit affordable rental project, Burlington is utilizing supply-side solutions to provide stable, supportive housing for residents with low incomes.  This project is supported by Burlington’s federal Housing Accelerator Fund grant, showing how strategic municipal investment and long-term land leases can make affordable housing projects viable.   For rental housing providers, this collaboration highlights the importance of using every tool available, from zoning amendments to land partnerships, to deliver the high-quality, professional rental housing Ontario communities need.   https://lnkd.in/eMnByaSE   #LetsBuildOntario  Learn more: https://lnkd.in/gPr3pr5 

Introducing the Native Housing Sovereignty Initiative Across Native communities, the housing crisis is deeply tied to sovereignty. Too often, homes are built through outside systems that leave Native communities dependent on external developers, contractors, and financing structures. The Native Housing Sovereignty Initiative, stewarded by Sovereignty Rises, a Native-led nonprofit, is working to change that. Our initiative supports Native communities in reclaiming the ability to design, build, and steward their own housing systems, rooted in culture, land, and long-term community well-being. Through partnerships with Native leaders and mission-aligned organizations, the initiative helps communities develop the full ecosystem needed for sovereign housing, including: • Community-led housing development models • Native workforce training in regenerative construction • Bio-based building materials such as hempcrete • Financing pathways through CDFIs and Native financial partners • Governance frameworks rooted in Indigenous values Importantly, systems for funding and construction financing for pilot projects are already being developed. We are currently seeking Native Nations and Native community organizations interested in becoming benefactors and early partners in this work. Our goal is simple: help communities build housing systems that are locally owned, culturally grounded, and economically sovereign. Learn more: https://lnkd.in/epE38p2U If you are part of a Native Nation, Native nonprofit, or community organization interested in exploring this opportunity, we would love to connect.

Good partners are hard to find in this business. Great ones are rare. Allivate Impact Capital and CEI-Boulos Capital Management backed The Marcus when the Cedars was still a vacant lot next to a graffitied building. They understood the neighborhood thesis before there was a finished product to point to. Today we cut the ribbon on 76 new apartments. Energy Star certified. 60-year affordability commitment with the City of Dallas. The first project where Savoy is developer, general contractor, and property manager. This is what Opportunity Zone investing is supposed to look like. Patient capital in real neighborhoods with real residents. Not a tax play. A neighborhood play that happens to have a powerful tax incentive behind it. The Cedars is about to change faster than any neighborhood in Dallas. The $3.7 billion convention center rebuild is under construction blocks away. We have more projects in the pipeline here. Grateful for partners who see what we see and show up early.

In case you missed it: American South Capital Partners, represented by Tyler Epps, Austin Ross, and Kate Querbes, joined city and development partners last week to break ground on a new mixed-income housing project in Chattanooga’s Northshore neighborhood. This development, in partnership with Invest Chattanooga and the City of Chattanooga, marks an important step forward in creating more housing in cost-burdened areas, and shows what’s possible when mission-driven capital and local policy work together. More on the project: https://lnkd.in/dEYUx7JT  #ASCP #SDSCapitalGroup #ImpactInvesting #AffordableHousing #Chattanooga #CommunityDevelopment #MixedIncomeHousing #Over20YearsofImpact

For years, residents in Northwest Roanoke believed the Gilmer-Harrison neighborhood was next in line to receive long-promised investment from the city. But now, a new development plan has the community worried that the city is quietly breaking that promise. The city’s proposed 2025-2029 Consolidated Plan is raising concerns that Roanoke may pull back from investing federal housing and development funds into its highest-need neighborhoods — a break in a target area investment strategy the city has followed for decades. If adopted, the plan would sharply reduce the share of federal funding dedicated to specific target neighborhoods, sending most dollars to citywide projects instead. That change comes after the city fell short of its own federal spending goals last year in the current target area, Southeast Roanoke’s Belmont-Fallon, according to a federal report. The draft Consolidated Plan does not name a new target neighborhood after Belmont-Fallon’s designation ends in 2026, raising questions about whether the neighborhood-focused strategy will remain in place. Read the full story to learn more: https://lnkd.in/edZxqZ23

In Oklahoma, Main Street programs are proving that long-term downtown revitalization starts with a strong financial foundation. From diversified funding streams to state-level investment, communities across the state are building budgets that go beyond annual survival and toward lasting economic resilience. Read here: https://bit.ly/4unrphA

In Oklahoma, Main Street programs are proving that long-term downtown revitalization starts with a strong financial foundation. From diversified funding streams to state-level investment, communities across the state are building budgets that go beyond annual survival and toward lasting economic resilience. Read here: https://bit.ly/4unrphA