DLP Housing Fund LLC
The DLP Housing Fund’s primary strategy is to positively impact the workforce housing crisis in America by investing equity in multi family rental communities. Our goal is to provide safe, clean, affordable housing to 250,000 residents through 100,000 affordable workforce housing units while providing these families with a path to prosperity.
Accredited Investors only.*
The $1 billion Fund will make this impact through investments in the acquisition, management, and improvement of income producing rental communities. The Fund is structured to provide consistent monthly returns, strong growth, limited volatility, and tax shelter to its investors. Our focus is primarily in secondary and tertiary markets in the sunbelt region.
| Fund Type | Real Estate Equity |
| Fund Investments | Primarily value-add equity investments into workforce housing communities |
| Direct/Indirect Security | Real Estate ownership |
| Inception Date | January 2020 |
| Fund Term | Evergreen |
| Distribution Frequency | Monthly (Pref); Annual (GDC) |
| Management Fee | 1.5% |
| Preferred Return | 6% |
| Targeted Annual Net to Investor | 10-12% |
| Return Split | 80/20 upon achieving 6% preferred return |
| Redemptions | Annual Redemption |
| Benefits of Leverage | Yes |
| IRA Investment Option | Yes |
| Tax Shelter through Depreciation | Yes |
| Subject to UBIT | No |
| Target Fund Size | $1,000,000 |
| Minimum Investment | $500,000 |
| Manager Co-investment | Minimum 5% Committed Capital |
| Must Be Accredited | Yes |
| Tax Reporting Method | K-1 |
| Audited Financials | Yes; CohnReznick |
| Legal Counsel | Seward & Kissel, LLP |
| Institutional Option | Yes |
| Reporting Frequency | Quarterly |
Past performance is not a guarantee of future performance.
* Accredited Investor Definition: For an individual to be considered an accredited investor, he or she must have a net worth of at least one million US dollars, not including the value of one’s primary residence or have income at least $200,000 each year for the last two years (or $300,000 together with his or her spouse if married) and have the expectation to make the same amount this year.
Risk Disclaimer: Investing in private real estate funds and notes secured by real estate has certain inherent risks, which could result in the loss of some or all of your principal investment.
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