AffordableSlice
Affordable Slice

Own a slice of Los Angeles affordable housing.

Limited-partner interests in newly built, 100% affordable apartment communities — with federal and California housing tax credits on top. Investors come in at completion, once a building is leasing.

Investor paths

Choose your path.

Coming later

Individual investors

A program for individuals to own smaller limited-partner slices of local affordable housing is being designed. Register your interest and we will reach out when it opens.

Register interest
Open

Corporate investors

Banks, insurers and corporations acquiring a limited-partner interest in a completed community. See each project's credits, depreciation and cash-flow benefits.

See project benefits
By invitation

Strategic corporate investors

Tailored LP packages for corporations with specific tax and earnings objectives, including payment options. Access by invitation.

Enter
The Fund

One fund between the projects and you.

Layer 1

Project partnerships

Experienced developer-partners build and operate each community under long-term affordability covenants.

Layer 2

Affordable Slice Fund

The Fund holds the 99.99% limited-partner interests and absorbs the partnership-level complexity.

Layer 3

Investors

Investors own a slice of the Fund and receive credits, depreciation and cash flow — admitted at completion.

Community benefit

Apartments for the people who keep Los Angeles running.

Seniors on fixed incomes, working families and neighbors who would otherwise be priced out — living near transit, jobs and services, at rents they can afford.

871new apartments
100%affordable
30–80%of area median income
Sky Village under construction, October 2026
Sky Village under construction, October 2026
ABS Properties at the LAPD gym opening
ABS Properties at the LAPD gym opening
ABS Properties supporting the Hollywood Police Support Association
ABS Properties supporting the Hollywood Police Support Association
Contact

Start a conversation.

Tell us a little about your organization and we will follow up personally.

How the Fund works

One fund between the projects and you

Each project is owned by its own partnership. A qualified developer-partner serves as administrative general partner and a nonprofit as managing general partner. Affordable Slice Fund I is the 99.99% limited partner in each partnership, under the institutional LIHTC partnership form used by national bank investors.

The Fund captures the partnership-level tax items and handles what normally requires an in-house tax-credit team: capital-account management, exit-tax timing at the end of the compliance period, credit-delivery adjusters and compliance monitoring, operating-deficit backstops and reserves, basis and debt analysis, cost certification and the Form 8609 process, and the exit mechanics.

What reaches the investor is a defined stream of credits, deductions and cash, set out in the Fund agreement.