Investment Opportunity
A significant and growing mismatch between the demand for, and the supply of, housing affordable to moderate income households has created an opportunity to achieve attractive returns through investments that positively impact the community.
Strong Market Fundamentals
The private market historically has not been able to satisfy the demand for affordable housing, nor have government resources been sufficient to close the gap. Currently, more than 250,000 moderate-income households are “housing cost-burdened”—that is, they pay more than 30% of their income for housing. As startling as this mismatch is, it is likely to grow since experts forecast that the majority of new jobs created will be in the moderate income category. Chicago Community Capital Fund intends to benefit by directing a new source of capital to this underserved market.
Superior Market Intelligence
Chicago Community Capital Fund and its manager, Ansonia Capital, can discern opportunities obscured by market inefficiencies. Lingering misperceptions, lagging data, unfamiliar locations and smaller transaction sizes historically have limited the interest of institutional and other large investors in transitional urban and infill locations. These are precisely the markets where Ansonia’s principals have more than 40 years of successful experience investing and developing. Ansonia’s extensive knowledge of these areas, network of relationships with informed market participants, and proprietary data resources enable the Fund to identify and realize opportunities that elude others.
All-Weather Investments
Ansonia understands that markets are dynamic, and consciously designed Chicago Community Capital Fund with the ability to benefit by adapting to changing circumstances. The Fund has the flexibility to structure its investments as equity or mezzanine financing, to invest in non-performing loans as well as real property, and to deploy capital in either residential or mixed-use properties. Ansonia believes times of market stress present unrivaled opportunities for sophisticated, well-capitalized investors.