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Equity Fund
To support the development of affordable and special needs rental opportunities FAHE launched a new venture, FAHE Capital, to provide competitive financial returns to the private sector through the Low Income Housing Tax Credit (LIHTC) Program. FAHE’s first equity fund, established in partnership with Virginia Community Development Corporation, brought $15 million in private equity to the region, placing the credits for its first project in less than one year. Two projects are still under construction and FAHE Capital is launching a second fund to accommodate the overwhelming demand unmet by the first equity fund.

Click below to download an overview of FAHE Capital Corporation and our first three projects (PDF format).

Overview of FAHE Capital Corporation
Project Summary—Boodry Place
Project Summary—RedBud
Project Summary—Liberty Place