FUND IV

Scattered Sites Residential Homes for Sale

FUND IV Ellavoz Neighborhood Homes Fund, focuses on single family residential real estate development for

→ sale at affordable prices in partnership withCAPC. This fund impact is not only immediate quality housing affordability
but wealth accumulation through home ownership for working families.
Scattered Sites Residential Homes for Sale

→ FUND IV brings together two kinds of projects: New Construction to Sell and Repair to Sell.

  1. New Construction to Sell: CAPC on behalf of the fund will identify vacant lots and construct new homes. The land acquisition costs of
    urban infill lots are de minimis and the construction costs will provide significant market benefit, because CAPC is using prefabrication
    technology.
  2. Repair to Sell: CAPC on behalf of the fund will purchase single family residential homes from a variety of Real Estate Owned (REO)
    sellers at a discount, and repair, renovate and sell them to owner-occupied buyers.

CAPC brings a distinct advantage to sourcing assets as it is the preferred buyer for specific REOsellers as a result of its non – profit status.