What is EquityPlus?
Founded in 2011 and jointly headquartered in Virginia and Mississippi, EquityPlus provides comprehensive services to developers and banks engaged in projects serving low-income communities. Their expertise spans Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC), and New Markets Tax Credits (NMTC). EquityPlus manages the entire investment lifecycle, from underwriting and closing to asset management, while also handling tax credit applications, investor and lender sourcing, coordination of closing parties, and ensuring compliance. This integrated approach positions EquityPlus as a critical intermediary in the affordable housing and community development finance sector.
How much funding has EquityPlus raised?
EquityPlus has raised a total of $311K across 2 funding rounds:
Debt
$150K
Debt
$161K
Debt (2020): $150K with participation from PPP
Debt (2021): $161K led by PPP
Key Investors in EquityPlus
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for EquityPlus?
The substantial capital infusion, particularly the recent strategic investment, signals EquityPlus's readiness for scaled operations and potentially expanded service offerings. Given the large-scale, late-stage funding context, the company is likely poised to enhance its platform, broaden its geographic reach, and deepen its impact in facilitating critical development projects. Future strategic moves may involve leveraging this backing to forge new partnerships, refine its underwriting processes, and further solidify its position as a leader in specialized community development finance.
See full EquityPlus company page
