Project Description

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: