Grantee Profile

Housing Partnership Equity Trust

Grants to Housing Partnership Equity Trust

  • $10,000,000Active Strategy

    2013 (Duration 10 years)

    Impact Investments

    BOSTON, MASSACHUSETTS — Program-related investment to create a new financing model for the development and preservation of affordable rental housing that can be used to acquire and transform distressed multifamily properties across the U.S.

The MacArthur Foundation awarded Housing Partnership Equity Trust $10,000,000 between 1978 and 2016.

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MacArthur Liquidity Facility Fuels Affordable Housing REIT

MacArthur provided a $15 million liquidity facility to the Housing Partnership Equity Trust (HPET) to enable and catalyze institutional investor support for this high-impact effort.  More

Housing Partnership Equity Trust Preserves Multifamily Building in Downtown Chicago

The Housing Partnership Equity Trust (HPET) has purchased Damen Court Apartments in downtown Chicago in collaboration with the Hispanic Housing Development Corporation, and will renovate the property and preserve it as affordable housing.  More