July
2025
SAN FRANCISCO – July 24, 2025 – IMPACT Community Capital (“IMPACT”) announced today that it closed or committed to 10 affordable housing deals in the second quarter of 2025, totaling more than $55 million in financing across 835 affordable housing units. This includes the purchase of seven affordable housing loans totaling $41.7 million, and $13.7 million across three new commitments.
“These investments reflect our continued focus on finding institutional quality investments in affordable housing properties for families and seniors,” said Michael Lohmeier, President and CIO of IMPACT Community Capital. Among IMPACT’s notable Q2 transactions, the firm provided financing for Palms at Blucher Park in Corpus Christi, Texas, and Fern Grove in Orlando, Florida.
Palms at Blucher Park is a 72-unit property for families earning between 30% and 60% of Area Median Income (AMI). Developed by Prospera Housing Community Services, the project offers a comprehensive suite of on-site resident services, including youth and adult education, case management, financial literacy, food support, and health programs. Amenities include a fitness center, indoor playground, community pantry, computer center, and picnic space. IMPACT provided a $3.1 million taxable loan for the project.
Fern Grove is a new 138-unit senior housing development serving residents 55 and older. The project includes rooftop solar panels, Energy Star appliances, and other energy-efficient design elements. Units are restricted for residents earning between 22% and 70% of AMI, and on-site amenities include a game room, garden, pet area, fitness center, and gazebo. IMPACT supported the development with a $9.57 million tax-exempt loan.
To date, IMPACT has originated more than $2.8 billion in investments and helped finance over 60,000 affordable multifamily units nationwide.
About IMPACT Community Capital
IMPACT Community Capital is a private debt and fixed income investment manager focused on affordable housing and community development. Founded in 1998 by leading insurance companies, IMPACT has originated more than $2.8 billion in affordable housing investments and helped finance over 60,000 affordable housing units. Its strategies provide institutional investors with opportunities to align capital with measurable impact at scale.
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Gregory FCA
