Through acquisitions and scaling of the platform, Federal Housing Solutions™ anticipates continued growth and an expanded investor base for their affordable housing portfolio.
In the last 12 months, FHS™ has acquired fee-simple and partnership interests in over 1,100 apartment units. Continuing this momentum, FHS is currently in negotiations on thousands of units throughout the United States and intends to acquire and rehabilitate at approximately 1,000 units each year.
FHS is creating a portfolio of deals targeting properties between 50 – 1,000 units, operating under federal, state and local housing programs:
- Section 8 properties with project-based contracts
- Section 236 properties in need of rehabilitation
- Section 42 LIHTC properties with expiring low-income restrictions
- Section 515 FMHA properties with loans that can be prepaid
- Other assisted properties, including HODAG, HOME, federal or state-financed public housing
- Partnership interests in pre-1986 tax credit properties across the United States