Investment Opportunity · Confidential
Rainier Affordable Housing Fund
An experienced real estate development platform creating affordable housing through LIHTC, adaptive reuse and public-private partnerships in high-demand U.S. markets.
Fund Overview
A Platform Built for This Moment
The affordable housing crisis in the United States is structural, persistent and deepening. Rainier Development has spent more than two decades building the expertise, relationships and track record to address it — project by project, market by market.
The Rainier Affordable Housing Fund brings together our three core strategies — LIHTC new construction, adaptive reuse with Historic Tax Credits, and acquisition/repositioning — into a single, diversified vehicle designed to deliver both financial returns and meaningful community impact.
We are raising capital from accredited investors and institutional partners who share our conviction that getting it right matters more than getting it done fast.
Why Rainier
Proven Track Record
Over two decades and 28 completed projects representing $360M+ in development value — across affordable housing, adaptive reuse and historic preservation.
Institutional Discipline, Boutique Attention
Senior leadership is directly involved from acquisition through stabilization. Decisions are intentional, not delegated. Every project reflects care at every level.
Diversified Strategy
Three complementary strategies — LIHTC new construction, adaptive reuse with Historic Tax Credits, and acquisition/repositioning — provide resilience across market cycles.
High-Demand Markets
Active in Seattle, Denver, Dallas and Houston with a growth focus on the West Coast, Mountain West, Midwest and Washington DC — markets with structural affordable housing deficits.
Mission Alignment
Every Rainier project addresses a genuine community need. Our work is financially disciplined and socially meaningful — not a trade-off between the two.
Deep Public-Private Expertise
Established relationships with municipalities, housing authorities, LIHTC equity investors and mission-aligned lenders enable us to structure and close complex deals.
Active Pipeline
Joseph Vance Building
Seattle, WA
Units
181 units
Value
$98M
211 N. Ervay
Dallas, TX
Units
204 units
Value
$94M
Fox Street
Denver, CO
Units
149 units
Value
$56M
The Levy
Houston, TX
Units
227 units
Value
$26M
Request Information
Interested in the Rainier Affordable Housing Fund?
We are accepting inquiries from accredited investors and institutional partners. Contact us to receive the fund overview and schedule a conversation with our team.
Contact Our TeamThis page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investment opportunities are available to accredited investors only.