FUND PURPOSE & STRATEGY

Fund Purpose & Strategy

The Shared Prosperity Investment Fund (“SPIF”) will be led by Ed Briscoe and Stephanie Wilson. The fund will be established to address the critical shortage of middle-income housing throughout the country and designed to leverage and partner with developers to fund equity and loans alongside any government related subsidy and funding programs of middle-income housing.

LPs in the fund will be asked to commit the first 1% to 3% of cash from their investment with the tenants in properties in the portfolio. This cash flow will be provided to tenants through monthly cash back on their on time rent payments and paired with financial education and coaching services.

SPIF will serve as a conservator to pool private, philanthropic,and Family Office capital together to efficiently invest alongside developers and along public funding sources if available. SPIF targets investments in affordable housing projects serving households earning between 60% and 140% of Area Median Income (AMI) across the country, an essential yet underserved market to support thriving communities.

Since 2022, Ed as a Principal and Stephanie, as an Investment Committee member, worked together in CHAI Equity Capital, LP to deploy $12.1 million in equity investments in seven projects, providing 395 housing units in Colorado. The CHAI funds operating a “tenant equity vehicle” program that is the model for the SPIF program. Our program currently serves 171 households and has provided over $58,000 in cash back to tenants.

Our Program Results

1%–3%

LP cash flow share committed to tenants

60% – 140% AMI

Target housing segment for SPIF investments

$12.1M

Capital deployed through CHAI (model program)

1%–3%

Housing units created through CHAI

171

Households currently served

$58,000+

Cash back delivered to tenants

Invest in housing. Strengthen your talent pipeline.

Cities must treat housing as a workforce strategy: invest in affordable, healthy, and safe housing to secure the labor pool, attract businesses, and maintain community vitality.