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Turner Impact Capital

Santa Monica, CA

The Turner Multifamily Impact Funds are focused on acquiring, preserving, and enriching critically-needed naturally occurring affordable housing for working individuals and families in urban communities throughout the country. Our investments can yield superior risk-adjusted returns, as demand for community-serving infrastructure is large, growing and unmet. These returns are typically uncorrelated to broader economic conditions or market indices. Our investments increase access to high-quality housing, education and healthcare in underserved areas, creating lasting benefits for individuals, families and communities. Since launching in 2015, the Turner Multifamily Impact Funds have acquired more than 11,300 housing units in densely populated, ethnically-diverse communities near employment hubs throughout the country. When fully invested, the Funds will have preserved nearly $2 billion in naturally occurring affordable workforce housing that serve tens of thousands low- to moderate-income households. In so doing, the Funds will have provided residents countless hours of tailored, free services in the areas of education, health, safety, community building, and sustainability, as well as meaningfully reduced natural resource consumption onsite. The positive environmental, social, and financial outcomes achieved through the Funds’ activities are measured by a wide range of relevant key performance indicators and are made part of Funds’ comprehensive impact reports. Providing Workforce Housing for 20,800 Residents and Counting