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Q&A: ERI’s Kurt Spring on the opportunity set in U.S. affordable housing
Research - OCTOBER 14, 2025

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Q&A: ERI’s Kurt Spring on the opportunity set in U.S. affordable housing

by Kali Persall

Kurt Spring, managing partner and head of asset management at Equity Resource Investments (ERI), discusses opportunities in the U.S. affordable housing market and why it is being increasingly classified as social infrastructure.

Does ERI invest in social infrastructure? What types of assets does your strategy focus on, and why?

ERI does not have an ESG or social infrastructure strategy and invests in a variety of real estate–related investments. ERI’s primary investment focus includes affordable housing, workforce housing and value-added industrial, while retaining flexibility for targeted opportunistic investments. Affordable housing investments are a prime example of our investments in social infrastructure assets.

Investing in the U.S. aff

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