The Low-Income Housing Tax Credit (LIHTC) fund will create or preserve 1,540 affordable homes for low-income families, seniors, and special needs households.
LOS ANGELES–(BUSINESS WIRE)–#AffordableHousing–Hunt Capital Partners announced today the initial closing of its new affordable housing fund, Hunt Capital Partners Tax Credit Fund 52 (“Fund 52”), securing $175.3 million to date, with the balance expected to close in Q1 2026. Fund 52 will help create or rehabilitate 1,540 affordable homes across 18 affordable housing developments nationwide. According to the National Association of Home Builders, Fund 52 generates 74,109 new jobs and $79.6 million in local tax revenue, including $4.6 billion in direct wages to local workers.
In collaboration with both for-profit and non-profit development partners—75% of whom are repeat developers—Fund 52 will help initiate a range of new construction, rehabilitation, adaptive reuse, and historic developments, adding 1,002 units to the country’s affordable housing stock while refurbishing and preserving the affordability of 538 units. The homes will be available to tenants who earn income levels between 30% to 80% of the Area Median Income (AMI), with seven developments featuring units that will be supported by Section 8 project-based vouchers. Half of the affordable housing properties are in low- to moderate-income level census tracts.
“Families across the county face a severe shortage of affordable housing. Fund 52 is helping to meet this critical need by creating homes priced up to 85% below the average market rents for comparable units,” said Hunt Capital Partners Managing Director of Investor Relations and Funds Management John Lee. “We are pleased to welcome back two institutional investors and introduce one new partner to our alliance. Most importantly, we extend our deepest gratitude to our investors and development partners. Their vision, passion, and commitment helped make Fund 52 a reality. Together, they are not only fueling the creation of affordable homes but also strengthening communities and providing families with stability and the ability to focus resources on essentials like healthcare, education, and food. We are thankful for their ongoing dedication to advancing affordable housing opportunities for low‑income families and those most in need nationwide.”
Fund 52 will help create or preserve 18 properties across 10 states: California, Utah, Idaho, Arizona, Texas, Colorado, Ohio, Georgia, Florida, and Hawai‘i.
Ten of the 18 affordable housing developments will provide free, evolving service coordination that are designed to meet the specific needs of each tenant. These services will include health programs, community-building activities, adult education, and support for children, as well as case management for special needs households.
From meeting Enterprise Green Building to LEED certifiable standards, many of the affordable housing developments will feature energy conservation components that include:
- Energy Star Appliances: Fully equipped kitchens with Energy Star appliances such as a refrigerator, dishwasher, and oven/range.
- Solar Power: Photovoltaic (PV) systems.
- Water Management: Low-flow fixtures.
- Power Resiliency: Energy-efficient LED lighting and backup power generators.
In Moab, Utah, Fund 52 will support the new construction and rehabilitation of Amasa Apartments by Ivan Carroll and Developed. By Women., a Salt Lake City-based non-profit and MWBE, through the syndication of $18.2 million in 9% federal LIHTCs and $7 million in state LIHTCs. The community’s 50 two-, three-, and four-bedroom affordable homes will serve low-income families who earn up to 30%, 40%, and 50% of the AMI. Eighteen of the units will be reserved for special needs households, with five set aside for formerly homeless individuals, five set aside for victims of domestic violence, and eight set aside for individuals with physical disabilities. On-site amenities include a computer lab, community clubhouse, recreational areas, picnic spaces, a playground, electric vehicle charging stations, and Wi-Fi in all common areas.
Environmental Social and Corporate Governance (“ESG”) Investing
Hunt Capital Partners recognizes that its institutional investors are seeking to increase the social value of their investments to help further their ESG initiatives. Investment in affordable housing improves the living conditions of its residents. It helps remove obstacles that impede creation of a healthy, safe, and stable home environment for low-income families and seniors’ families spend less on housing-related expenses, they have more resources for other essentials such as food and clothing, extracurricular activities, and educational programs. One of the most significant benefits of providing quality affordable housing is an increase in an individual’s physical and mental health. Hunt Capital Partners’ affordable housing investments create a lasting effect on the people and communities they serve for generations to come.
About Hunt Capital Partners
Hunt Capital Partners (HCP) is the tax credit syndication division of Hunt Companies, Inc. (Hunt). HCP specializes in the sponsorship of Federal and State Low-Income Housing, Historic, and Solar Tax Credit Investments funds. Since its inception in 2010, HCP has raised over $4.1 billion in tax credit equity in 49 proprietary and multi-investor funds, financing development in 48 states and territories. Founded in 1947, Hunt is a privately held company that invests in businesses focused in the real estate and infrastructure markets. The activities of Hunt’s affiliates and investors include investment management, asset management, property management, development, construction, consulting and advisory. For more information on HCP, please visit www.huntcapitalpartners.com, or for Hunt, please visit www.huntcompanies.com.
Contacts
Media Contact
Carolyn Baker
SVP, Corporate Communications – Hunt Companies
[email protected]
