Various television stations across the US included coverage of the EPG/ASFM purchase of six low-rent properties as affordable housing continues to be a national priority.
The developments are located in census tracts with an average poverty rate of 36% and a 75% average minority population. Read the full article, click below.
ASFM’s investments involve just under 5,000 multifamily units, 91 percent of which are affordable to those making less than 80 percent AMI,” Deborah La Franchi, Managing Partner at ASFM. Their recent purchase of six affordable housing properties that collectively comprise 1,444 units.
Elizabeth Property Group/ASFM-financed acquisition of six affordable housing properties totalling 1,444 units in the Dallas and Houston markets. “Preserving affordable housing in these in-fill areas of these respective towns is more and more critical.”
Located in Wilmington, North Carolina, The Life in Lakeside Villas, will feature 429-units affordable housing complex set within a bucolic townhome community.
Located in Wilmington, North Carolina, “The Life at Lakeside Villas,” is the latest joint venture between ASREF and Olive Tree Holdings. This $29M purchase marks their fifth project partnership of impact investments in affordable housing in the South.
The acquisition of the 429-unit, affordable community, The Life at Lakeside Villas, formerly known as Village at Greenfield Apartments, is ASFM's second project in North Carolina
Atlanta TV station 11Alive covered the ribbon cutting for ASFM's 12Hundred Studios project, a 40-unit affordable housing complex in the Hunter Hills neighborhood
The 40-unit apartment complex has been revamped with attainable rents at 60% AMI; American South Fund Management impact fund supports affordable housing developments for low-income residents throughout the South