Affiliated Development has launched its second impact investment fund, Affiliated Housing Impact Fund II. Building on the success of its inaugural fund launched in 2020, this new $250 million fund will deploy equity capital to finance Affiliated’s pipeline of high-quality, mixed-income workforce housing projects across Florida, addressing the state’s critical housing shortage with attainable, class A living solutions.
Affiliated Development’s principals, Nick Rojo and Jeff Burns, will be the sole general partners and managers of the fund, which is a continuation of Affiliated’s proven strategy of delivering luxury multifamily communities at attainable rents and transforming underserved markets through innovative public-private partnerships. Affiliated Development specializes in public-private-partnerships, which typically result in the utilization of government financing incentives necessary to make the projects financially feasible.
“South Florid
