Asset Type
LIHTC Multifamily Developments
80% of Capital Raised
Preferred Equity
Investment Objective
Income
20% of Capital Raised
Senior Equity
Risk - Return Profile
Core / Credit
Preferred Gross Yield
14.00%
Target Raise / Minimum Investment
$50MM /$250K
Senior Equity Target Net IRR
11.00-13.00%
Who Can Invest
Accredited Individuals, LLCs, 401K’s, Trusts, and
Family Offices
Senior Equity Target Cash Returns
7.50-8.00%
Where We Invest
We target cities and submarkets across the southeast U.S. that we expect to experience outsized rent growth and demand.
Fund Benefits
The sponsors that we invest in also represents a partnership with federal, state, and local agencies, in return for which the overall cost of construction is reduced, thus lowering the cost-basis and enhancing stabilized yields.
Income
Economic returns are truly cash flow driven, with little in the way of market value appreciation --- Rental rate increases, which are governed by HUD, approximate inflation trends over time
Lower Risk
LIHTC developments may only progress once LIHTC Awards, permits, contractors, and construction/permanent lending has been secured, thus greatly reducing the risk of non-completion -- LIHTC properties typically operate at lower vacancies and lower turnover compared to market rate properties
Experienced
Our development sponsor has over 19 years of experience sourcing, developing, constructing, and operating LIHTC compliant properties
Generate More Income
Our Senior Equity targeted cash-on-cash returns provide a risk-premium to other higher-quality yield alternatives
ESG
“Doing Well By Doing Good”
Horizon Private Equity LIHTC Fund intends to deliver housing solutions backed by our commitment to enhancing overall quality of life through energy use reduction, best-in-class living environments, and on-going engagement after a property is delivered and placed into operation
Environmental
Every one of the planned developments that we invest in will utilize Energy Star appliances and above-code materials, and where possible will pursue and comply with IRS 45L requirements, install EV charging stations, and partner with local municipalities in developing green spaces and areas which support healthy outdoor activities
Social
Each development will target households making less than 60% of Area Median Income -- We target high-growth secondary and tertiary markets where affordable housing can favorably impact upward mobility -- Each development will support household formation and improve economic well-being by reducing housing insecurity
Governance
We approach each development that we invest into with a commitment to making a positive impact upon the communities in which we invest in -- Once a development is stabilized we engage with local non-profits to provide financial literacy, wellness training, childcare, and continuing educational programs
Horizon Private Equity LIHTC Fund I is professionally managed by a dedicated portfolio management team with an average 30+ years of experience.
Matthew Burleigh
Fund Manager
Horizon Private Equity LIHTC Fund I
Terry Spicer
President
Vista Development
Raj Valluri
Vice President of Development
Horizon Private Equity LIHTC Fund I
Donald Smart
Chief Compliance Officer
Horizon Private Equity LIHTC Fund I
Invest in a new kind of Private Equity Fund. A fund that’s ESG focused in community building.
1
To get started, create an account.
2
Access detailed offering information, complete the subscription process and connect with our investor relations support team.
3
Fund investors will receive regular performance updates and ongoing investor relations support and reporting.
Investing in commercial real estate entails substantive risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. All investors should consider their individual factors in consultation with a professional advisor of their choosing when deciding if an investment is appropriate. Private placements are illiquid investments and are intended for investors who do not need a liquid investment.