Articles from Ellavoz Impact Capital, LLC

A partnership between Ellavoz Impact Capital, Tesatura Capital, EQ Housing Advisors, and Reinvestment Fund has helped preserve 56 units of naturally occurring affordable housing (NOAH) in the rapidly appreciating housing market of Summerville, SC, a suburb and employment hub in the Charleston area.

Ellavoz Impact Capital (EIC) announced today the launch of Ellavoz Children’s Literacy Foundation (ECLF), a 501(c)(3) not for profit located in New Jersey. The Foundation’s mission is to promote literacy in underserved communities by bringing together the connection of authors, books and young readers.

Ellavoz Impact Capital (EIC) announced today that it has been awarded $12 million in Historic Property Reinvestment Program tax credits from the New Jersey Economic Development Authority (NJEDA) for the historic restoration and conversion of the original St. Michael’s hospital buildings in Newark, NJ. The project, known as Newark Commons and located at 292-306 Dr. Martin Luther King, Jr. Blvd., encompasses two interconnected buildings that served as the original St. Michael’s Hospital, built in 1869, and have been a part of Newark’s history for over 150 years. The historic structure has been vacant and unoccupied for more than two decades.

Ellavoz Impact Capital (EIC), a leading real estate impact investment and management firm, together with Auben Realty, a multi-state management firm specializing in single family rentals, announced today that the first tenants are moving into their new community, Cedar Creek Estates.

Ellavoz Impact Capital (EIC), a leading real estate impact investment and management firm, celebrated their new project by hosting a site dedication of Cedar Creek Estates. The project began vertical construction in April. Located within an Opportunity Zone in Jacksonville, Florida, this innovative build-to-rent single family residential community will help satisfy the growing demand for affordable, high-quality housing in Jacksonville. The project, with an estimated cost of $14 million, is transforming nine acres into 45 comfortable, single-family homes. EIC is committed to creating a living environment that not only provides much-needed housing but also encourages a strong sense of community for its residents.

Ellavoz Impact Capital (EIC), a leading real estate impact investment and management firm, has announced the completion of the site work for its new project - Cedar Creek Estates. The company plans to begin vertical construction this April. Located within an Opportunity Zone in Jacksonville, Florida, this innovative build-to-rent single family residential community will help satisfy the growing demand for affordable high-quality housing in Jacksonville. The project, with an estimated cost of $14 million, will transform nine acres into 45 comfortable single-family homes. EIC is committed to creating a living environment that not only provides much-needed housing but also encourages a strong sense of community for its residents.

Ellavoz Impact Capital, LLC, has announced the acquisition of 306 Dr. Martin Luther King, Jr. Blvd. with the goal of converting the vacant 100,000 square-foot space into new workforce housing apartments which are designed to meet the needs of young professionals and students seeking quality, price-attainable housing in an increasingly unaffordable section of Newark. The project, known as Newark Commons, will create 43 new housing units consisting of 144 bedrooms, and will cater to the needs of today’s mobile professionals, essential healthcare workers, and university students.