Logos Faith Development taps Walker & Dunlop to raise $400m to develop affordable housing on church land

Logos Development, under the leadership of Pastor Martin Porter, has partnered with Walker & Dunlop as its exclusive financial adviser for the capitalization of affordable housing projects on church-owned land in partnership with Logos Development throughout urban neighborhoods on the West Coast.

The strategic collaboration aims to secure $400 million in debt and equity capital to develop more than 2,000-plus affordable housing units that are currently in various stages of being entitled and permitted.

This collaboration between the two organizations involves the development of mixed-income projects including workforce, affordable and social impact housing in underserved areas with a strong need for affordable housing units.

As part of this engagement, Walker & Dunlop is assisting Logos Development identify, structure and negotiate the necessary debt and equity capital to ensure the successful development of these properties.