LOS ANGELES, April 11, 2023 – Hunt Capital Partners (HCP) held an Easter egg hunt on Thursday, April 6th, 2023 at Simpson Arbor Apartments, an affordable housing property catering to North Hollywood families making less than 50% of the area median income. The 83-unit property’s recently completed rehabilitation included the replacement of all kitchen and bath fixtures, improvements to the overall site and the buildings’ structure such as enhanced insulation, seismic repairs to the foundation and substructure, fresh exterior painting, remodeled laundry facilities and activity areas, and ADA upgrades to nine units. Children and their families were invited to the community garden at 7507 Simpson Ave., North Hollywood, CA 91605 to join in on the festivities and ring in the spring season. The event is just one of many community engagement activities HCP has planned for its communities this year.
The egg hunt began at 3:30PM and children were able to search for various toy- and candy-filled Easter eggs hidden among the plants. In addition to the hunt, residents enjoyed snacks and refreshments, including Easter-themed cupcakes. The outdoor area was also filled with colorful balloons and lawn decorations to add to the spirit of the event.
The event provided a great chance for children and their families to come together and have fun during the holiday season while they were on spring break and out of school. Most importantly, the hunt was designed to bring some extra joy into the lives of local families who are struggling to make ends meet.
“At Hunt Capital Partners, our mission has always been to foster happy and healthy families through the investment in affordable housing. Events like our Easter egg hunt at Simpson Arbor reflects how we strive to go above and beyond to nurture strong and vibrant communities,” said Hunt Capital Partners President Jeff Weiss. “It was an opportunity for families who are struggling with rising costs to come together and have fun, creating smiles and memories that will last a lifetime. We are proud of the work we do and know that our dedication to providing quality, affordable housing will continue to make a positive impact in the lives of many.”
Environmental Social and Corporate Governance (“ESG”) Investing
Hunt Capital Partners recognizes that its institutional investors are seeking to increase the social value of their investments to help further their ESG initiatives. An investment in affordable housing not only improves the living conditions of its residents, but it also helps to remove obstacles that stand in the way of creating a healthy, safe and stable home environment for low-income families and seniors. When families spend less on housing related expenses, they have more resources available for other essentials such as food and clothing, or even extracurricular activities and educational programs. One of the most significant benefits to providing quality affordable housing is an increase in an individual’s physical and mental health. Hunt Capital Partners’ affordable housing investments create a lasting effect on the people and communities they serve for generations to come.
About Hunt Capital Partners
Hunt Capital Partners (HCP) is the tax credit syndication division of Hunt Companies, Inc. (Hunt). HCP specializes in the sponsorship of Federal and State Low-Income Housing, Historic, and Solar Tax Credit Investments funds. Since its inception in 2010, HCP has raised over $3 billion in tax credit equity in over 48 proprietary and multi-investor funds. HCP manages almost 760 project partnerships representing over 75,000 homes in 51 states and territories. Founded in 1947, Hunt is a privately held company that invests in businesses focused in the real estate and infrastructure markets. The activities of Hunt’s affiliates and investors include investment management, asset management, property management, development, construction, consulting and advisory. For more information on HCP, please visit www.huntcapitalpartners.com, or for Hunt, please visit www.huntcompanies.com.