Impact Growth Capital Newsletter

We just took a major step forward by securing the largest commitment to the Fund to date, alongside a pivotal meeting that validates our strategy.

By invitation, Sam will be meeting with the Commissioner of the Federal Housing Administration, at HUD headquarters in Washington, D.C. this Wednesday to discuss our initiative. There’s strong enthusiasm at the federal level for what we’re building, and we are going to discuss next steps with them. 

The City of Las Vegas has officially committed to support Impact Growth Capital, leading a 500-Unit Pilot to serve as HUD's template for how it helps cities redevelop their public housing across the nation.

And lastly, we have secured $63 million in LP-level commitments for the Las Vegas development, which marks a major milestone in validating our model for the rest of the fund, and showcases our team’s ability and conviction. There is still a limited window for select partners to join at the GP level through our co-GP fund structure designed to offer the economics of a GP with the passive benefits of an LP. As you know, this is limited in capacity. 

Stay tuned for an update later this week on how our meeting with the Federal Housing Administration goes.

Please let us know if you’d like to connect further or receive additional details, but time is of essence in this fundraising process. If you would like to secure a position in the fund, be sure to contact our investor relations team to support you in the investment process.