National Equity Fund

EMDF Closes on Sixth & Seventh Deals: Cycle House & Courtlandt Manor

EMDF Closing Alert Cycle House (1)
November 15, 2023

In partnership with our Emerging Minority Developer Fund (EMDF) investors, we are pleased to announce the closings on the sixth and seventh deals of the fund:

  • Cycle House, a 19-unit affordable housing development in Washington, D.C. with sponsor Urban Green, LLC.

  • Courtlandt Manor, a 24-unit affordable housing development in the Bronx, NY with sponsor Infinite Horizons, LLC.

NEF established the EMDF to build the financial capacity and experience of developers of color to help them overcome today’s high barriers of entry in accessing LIHTC to create new affordable housing.

Learn more about EMDF.

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