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CIM-BGV Impact Ventures secures more than $250m in first closing for affordable housing fund
Fundraising - NOVEMBER 12, 2025

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CIM-BGV Impact Ventures secures more than $250m in first closing for affordable housing fund

by Released

CIM Group and Bryant Group Ventures (BGV) has launched CIM-BGV Impact Ventures, an impact-driven partnership to address the immense need for affordable housing and to deliver community and economic value to underserved markets throughout the United States.

The partnership’s CIM-BGV Affordable Housing Impact Fund (AHIF) completed its first closing on Oct. 17, 2025, securing more than $250 million in total investment capacity through fund equity and access to loan capacity. The fund aims to achieve its target within one year, which will enable approximately $1 billion of total capacity for affordable housing investments. Anchor investors include Flagstar Bank and Truist Bank, with additional equity support from City National Bank and other leading financial institutions, signaling strong institutional support.

The AHIF has a deep pipeline of opportunities and expects to commence closing transactions in initial key markets of Southern California; Georgia; the Washington

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