R4 Capital LLC

In just 8 years R4 Capital Funding has deployed more than $4 billion of tax-exempt mortgage capital to finance the construction or preservation of over 23,500 units of affordable housing nationwide.?Come meet James Spound, Michael Hopps, Stephanie Hynes at AHF Live! in Chicago and discuss how?R4CF?can provide nimble and cost-effective financing for?your next affordable housing project.

The R4 Capital Funding team including James Spound, Michael Hopps, and Stephanie Hynes have been busy: This October, R4CF provided $255.6 million in tax-exempt and taxable financing to create or substantially upgrade nearly 1,500 units for seven affordable housing properties across six states.?Catch up with them in Chicago at @AHFLive! to hear more about it! We thank our developer and investor partners for helping us to bring much needed affordable housing to Arizona, Florida, Illinois, North Carolina, Tennessee, and Texas.?

Sold out! California Council for Affordable Housing’s Fall Conference will be standing room only. It's post-election: you won't want to miss the Debt and Equity panel with R4 Capital's Cory Bannister and fellow industry leaders as they engage in a focused dialogue on challenges in the market today and to come. Joining Cory are more from our R4 Capital California team including Ronne Thielen, Brian McMahon, Wes Slajchert, and from R4 Capital Funding: James Spound and Stephanie Hynes. We look forward to seeing you there. https://bit.ly/3NYCiCJ

Today is Election Day. Raise your vote, be heard.

Not even a gray snowy day dampened the joy at the grand opening of?Asteria Cedar City.?This 45-unit new construction project brings 40 units?of much-needed affordable housing to Cedar City, UT with specific set asides for limited mobility households, persons experiencing homelessness, and developmentally disabled households. In addition to housing, the property will provide supportive services for its residents. R4 Capital provided nearly $10 million of tax credit equity financing on behalf of its investors.?

Smiles everyone! The Lofts at San Marco East, a brand new 172-unit affordable community in Jacksonville, FL, just held its grand opening. This new construction will house families earning less than 60% of area median income. Located on the border of?the San Marco and Spring Park neighborhoods, this area of Jacksonville has an urban/suburban feel with many restaurants, shops, and parks and boasts above-average public schools. It takes many resources working in tandem to create safe, affordable housing. R4 Capital Funding was the construction lender providing $20 million in debt financing. R4CF’s Tara Nussbaum stands proudly with the developer and investor partners all of whom helped make this a reality.

It is important for our elected officials at all levels of government to see firsthand how affordable housing?created utilizing the?Housing Tax Credit?program?can positively impact human lives and foster vibrant communities. R4’s?Ronne Thielen?and?Paul Connolly?joined IL Congressman Darin LaHood,?Bloomington Mayor Mboka Mwilambwe, City Manager Jeff Jurgens, and AHTCC’s?Emily Cadik?for a tour with the developer of The Villas at Prairie Vista in Bloomington, IL. R4 Capital is?the tax credit equity?provider for this new construction?community?of 48 units in 24 one-story duplexes on seven acres of land. ? At R4 our business is financing affordable housing utilizing the Housing Credit with our end goal to increase the supply of rental housing affordable to those at the lower end of the income scale, including families, the elderly, those with disabilities,?veterans?and the homeless. Says Ronne Thielen, “It’s about improving lives by providing safe quality homes where people can thrive in dignity, with hope for their futures.”

Hellenic Senior Center in the Pocket-Greenhaven suburban neighborhood of Sacramento, CA, celebrated?the?grand opening of 70 renovated and modernized affordable housing units?in?fifteen 1-story garden-style residential buildings. This accessible and ADA-compliant housing ensures senior residents will maintain independent and active lifestyles in their community. The property was financed with?an investment of?more than $20 million of tax credit equity by R4 Capital. R4’s Brian McMahon and Kim Hynes were pleased to join our developer and investor partners at the event celebrating the renewal of this?much-needed?California?affordable housing.

This week don't miss #affordablehousing finance expert Austin Divino at Novogradac & Company LLP 2024 Housing Tax Credit and Bonds Conference as he and other industry insiders provide a real world window into what makes a LIHTC deal attractive to investors. Keep an eye out for more R4 attendees including SVP Colton Sanders from our Texas office! https://lnkd.in/evVd_ffH

Auspiciously named, Provident Place in Pompano Beach, FL, celebrated its groundbreaking as part of the multi-phase revitalization of the existing Golden Acres public housing community. The new construction of 100 units of age-restricted, affordable housing was funded in part with more than a $14 million tax-exempt Forward Loan from R4 Capital Funding.?R4CF’s Stephanie Hynes stood with our developer and financing partners to dig into this new exciting project!