DLP Housing Fund LLC
Accredited Investors only.*
The DLP Housing Fund’s primary strategy is to positively impact the workforce housing crisis in America. 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. The $1 billion Fund will make this impact through its investment 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.
Equity investments in affordable multifamily rental communities
Investments in improving, preserving and creating housing that is and will
remain “affordable” to the local workforce
Primarily Class B, Income Producing, Value-Add
| Fund Type | Real Estate Equity |
| Fund Investments | Primarily Income Producing Value-Add Multi-family Rental Communities and a Minority in Real Estate Loans |
| Direct/Indirect Security | Equity Ownership in Real Estate & Mortgages |
| Inception Date | January 2020 |
| Fund Term | Evergreen |
| Capital Commitment | $133,153,283 |
| Targeted Annual Return | 12% |
| Preferred Return | 6% |
| Year to Date Preferred Return (DRIP Program) | 6.30% |
| Most Recent Full Year Return (DRIP Program) | 14.50% |
| Periods of Missed Preferred Return | Zero |
| Management Fee | 1.5% Subordinate to Preferred Return |
| Mangement Promote | 80/20 Upon Achieving 6% Preferred Return |
| Redemption Notification | Annual Redemption |
| Management | DLP Housing Fund Manager, LLC |
| IRA Investment Option | Yes |
| Tax Shelter through Depreciation | Yes |
| Target Fund Size | $1 Billion |
| Target Minimum Investment | $500,000 |
| Unit Price Per Share | $1,000 |
| Manager Co-investment | Minimum 5% Committed Capital |
| Must Be Accredited | Yes |
| 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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