Thrive Workforce Impact Fund I

Thrive Workforce Impact Fund I

Thrive is participating in the Civicap Develop-To-Core Fund I
$100MM equity fund will finance $265MM in new, ground-up multifamily development
Fund to be completely raised/committed by the end of 2021
Target markets include: Houston, Austin & Dallas/Ft. Worth
8 multifamily development opportunities have been identified thus far
Several projects are already in construction with numerous others commencing construction in 2021
Developments are largely transit-oriented and most receive property tax abatements in exchange for affordable housing components
CIvicap website link: https://civicap.com/