Finance

The NOAH Impact Fund blends private capital, patient capital, and public agency capital with equity to produce a blended, very low-cost source of equity.

This innovative combination of fund techniques is the first of its kind.

With a blended capital stack that maximizes over 50 percent modeled participation by private, regulated, bank capital, this model is fully replicable both in the Twin Cities metro area and in any region in the country.

This model advances the field of affordable housing by mirroring the private market while achieving a double bottom line of investment returns and mission.