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Investment Parameters

CHI’s fund will invest in Vesta acquisitions and in asset classes with which Vesta has intimate knowledge.

These will include:

  • Existing Affordable Housing (residents earn at or below 60% Area Median Income);
    • Acquisition of Low Income Housing Tax Credit (“LIHTC”) partnership positions, while the tax credits are still flowing to the initial investor;
    • Acquisition of LIHTC properties during the compliance or extended use periods;
  • Workforce Housing (residents earn 80- 120% Area Median Income);
  • Class B / C Housing (no existing Affordability Restrictions);
  • Strategic portfolio acquisitions. The fund will acquire properties that will benefit from Vesta’s integrated owner / manager structure to deliver consistently strong returns to the investors.

CHI Fund I Return Profile

  • IRR – 8-10% to Investors
  • Cash on Cash – 6% Preferred Return to Investors
  • Total Fund Size - $10,000,000

Sponsor Participation

  • Sponsor Co-invest of 10%
  • First Loss Protection up to 20%
  • Investors will be paid their Return prior to Sponsor’s Returns

© 2018 Choice Housing Investments, LLC | 175 Powder Forest Dr Weatogue CT 06089
jg@choicehousinginvestments.com | 860.325.1711