Housing Diversity Corporation is a number one Multifamily Actual Property and Certified Alternative Fund supervisor.
West Coast Fund Supervisor Acknowledged for Vital Fairness Raised
— Brad Padden
SEATTLE, WASHINGTON, UNITED STATES, October 12, 2023 /EINPresswire.com/ — Housing Diversity Corporation (HDC) is proud to announce its latest recognition by Novogradac as one of the top-tier Certified Alternative Fund (QOF) managers based mostly on fairness quantities raised. HDC ranks in the highest 6% of 781 QOF managers tracked by Novogradac and is one of solely 46 QOF managers to lift $150 million or extra, in line with Novogradac.
Brad Padden, CEO of Housing Diversity Corporation, expressed his enthusiasm for the popularity: “We’re honored to be ranked among the many high QOF managers by Novogradac. Our staff’s dedication and exhausting work have performed a big position in reaching this success. This recognition serves as a testomony to our dedication to creating alternatives for buyers whereas making a constructive influence on our group.”
Padden additionally prolonged his gratitude to HDC’s companions and buyers for his or her steady assist and belief.
QOFs are the funding car created on the finish of 2017 by way of which taxpayers make investments capital features to qualify for deferral and different tax advantages. Novogradac collects information on a rolling foundation from QOFs that voluntarily present info. Novogradac additionally makes use of info from public sources reminiscent of Safety and Trade Fee filings and press releases.
For extra details about Housing Diversity Corporation, please go to housingdiversity.com.
About Housing Diversity Corporation
Housing Diversity Corporation is a number one Multifamily Actual Property and Certified Alternative Fund supervisor. HDC’s principal Brad Padden has sponsored 23 actual property improvement initiatives over his improvement profession, accounting for the manufacturing of 2,800 new multifamily flats in the Pacific Northwest and Southern California.
Adina Eaton
Housing Diversity Corporation
+1 201-736-5745
adina@housingdiversity.com
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