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DLP Housing Fund

The most tax-advantaged DLP Capital-sponsored fund1

10-12%

Targeted Annual Return (Net)2

6%

Annual Preferred Return (Paid Monthly)

17.40%

Compounded DRIP IRR Since Inception3

Annual

Redemption

Why the DLP Housing Fund?

When you invest in the DLP Housing Fund, you’re helping to preserve attainable housing where it’s needed most. This Private Real Estate Investment Fund (REIT Subsidiary4) makes primarily equity investments into value-add, build-to-rent, and multifamily communities.

Asset Types

  • Multifamily Housing Communities
  • Horizontal "Build-to-Rent" Housing Communities

Investment Strategies

  • Below Replacement Cost "Value Add" Existing Housing

Impact Focus

  • Acquires and operates attainable housing assets.
  • Maintains affordability below 30% of AMI under the 85%+ mandate.
  • Improves and preserves housing that supports working-class families.
  • Promotes resident stability and community connection.

Capital Stack Position

The Fund’s strategy positions its investments to carry payment priority over common equity investors.

Annual Liquidity

Annual redemption period means you can exit/redeem in whole or in part on your schedule, not the Fund’s.

Passive Income

The potential to earn from rental real estate without the headache of owning rental real estate.

Evergreen Structure

The Fund is able to make investments when it fits its strategy, not a timeline.

Non-Concessionary Returns

Impact investments that don’t sacrifice return potential, creating a path for success and significance.

Potential and Indirect Tax Advantages

Potential to benefit indirectly from depreciation, offsetting taxable income

Katzner Thumbnail
Nick K headshot

To find someone else that felt the same way that we did about affordable housing, we didn't think it existed out there... What Don says and the manner in which he says it is important. So DLP Capital was a wonderful place for us to put our money to work helping Don do his work.

Nick & Jeannie

Entrepreneurs | DLP Investors

Watch Investor Spotlight

Looking for another fund?

Learn more about the private credit and equity real estate investment funds sponsored by DLP Capital.

DLP Lending Fund

Credit

Senior secured mortgage fund (REIT5) that makes non-concessionary impact investments through senior secured loans to experienced real estate sponsors to develop, improve, and preserve attainable rental housing for working families.

Learn More about the DLP Lending Fund

12.92%

Compounded DRIP IRR Since Inception6

DLP Preferred Credit Fund

Credit

Evergreen Private Preferred Credit Fund (REIT7) that invests in the development, improvement, and preservation of attainable workforce housing.

Learn More about the DLP Preferred Credit Fund

10.96%

Compounded DRIP IRR Since Inception8

DLP Building Communities Fund

Equity

Evergreen Private Real Estate Investment Fund (REIT Subsidiary9) that invests in the development of attainable workforce housing (ground-up construction).

Learn More about the DLP Building Communities Fund

12.02%

Compounded DRIP IRR Since Inception10

71725 PA Capital Dinner 5

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