Headquartered in Los Angeles, California, SP Investment Fund, LLC and its affiliated entities, have created, renovated, and maintained affordable housing properties throughout the United States for nearly three decades. The organization is particularly experienced in multi-family housing that has received or is receiving governmental subsidy in return for providing affordable housing. Well versed in a variety of both private and governmental affordable housing subsidy programs, SP Investment Fund has successfully invested in more than 100 housing communities with Project Based Section 8 Housing Assistance Payment (HAP) contracts, as well as other Department of Housing and Urban Development (HUD) programs.
SP recently began renovating a pair of affordable housing communities in upstate New York: the Raymond Watkin Apartments and the John Guy Prindle Apartments, located respectively in Saratoga Springs and the Village of Ilion. The two HAP-subsidized properties will receive approximately $7 million in renovations. Beyond these and similar investments, the company has invested in a number of early stage technology companies working to make a positive impact on society.