Hunt Capital Partners has announced the launch of a $277.1 million multi-investor Low-Income Housing Tax Credit fund to create and preserve 1,540 affordable homes across 10 states. The initiative, known as Hunt Capital Partners Tax Credit Fund 52, has secured $175.3 million to date, with the remaining commitments expected to be finalized in the first quarter of 2026.
According to the company, the fund will support 18 affordable housing developments nationwide, spanning new construction, rehabilitation, adaptive reuse, and historic restoration projects. In total, 1,002 new units will be added to the national affordable housing supply, while 538 units will be rehabilitated and preserved for long-term affordability. The National Association of Home Builders estimates that Fund 52 will create 74,109 jobs, generate $79.6 million in local tax revenue, and pay $4.6 billion in direct wages.
The developments will serve residents earning between 30 percent and 80 percent of the Area Median Income. Seven of the projects will include Section 8 project-based vouchers, and half of the properties are located in low- to moderate-income census tracts. Ten of the 18 properties will offer on-site resident services tailored to tenant needs, including health programs, adult education, case management for households with special needs, and community activities.
Energy efficiency and sustainability measures will feature prominently across the portfolio, with developments incorporating Energy Star appliances, photovoltaic solar systems, low-flow water fixtures, LED lighting, and backup power generators. Several properties will be built to Enterprise Green Building or LEED-certifiable standards.
One of the featured developments is the Amasa Apartments project in Moab, Utah, developed by Ivan Carroll and Developed. By Women., a Salt Lake City-based nonprofit and MWBE. Fund 52 will support the project through the syndication of $18.2 million in federal LIHTCs and $7 million in state LIHTCs. Once complete, Amasa Apartments will offer 50 affordable units designated for families earning between 30 percent and 50 percent of the AMI. Eighteen units will serve special needs households, including individuals experiencing homelessness, victims of domestic violence, and residents with physical disabilities. Planned amenities include recreational spaces, a clubhouse, a computer lab, a playground, EV charging stations, and Wi-Fi in community areas.
The fund aligns with the broader trend toward ESG-focused investment strategies. Hunt Capital Partners highlighted the long-term health, stability, and economic benefits that affordable housing provides to residents and communities. The firm, a division of Hunt Companies, has raised more than $4.1 billion in tax credit equity since 2010 and financed developments in 48 states and territories.
KEY QUOTES:
“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. 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.”
John Lee, Managing Director of Investor Relations and Funds Management, Hunt Capital Partners
