Company Performance Metrics
Ascent Housing manages and operates social impact funds focused on preserving naturally occurring affordable housing. The company serves as fund manager and operating partner for vehicles such as the Housing Impact Fund in Charlotte and the Charleston Workforce Housing Fund. Its work centers on acquiring, financing, renovating, and operating older
apartment communities while placing long-term affordability protections on the properties. Ascent Housing targets households earning between 0% and 80% of area median income and seeks to prevent displacement through income-restricted rents. It coordinates supportive on-site programming via nonprofit and institutional partners in areas like health, education, financial wellness, and workforce development. The firm also manages asset operations and capital improvement programs across its portfolio of multifamily properties.
