The Offering

TRISTAR COMMUNITY IMPACT FUND, L.P.
A SOCIALLY RESPONSIBLE HOUSING INVESTMENT

The fund is a debt offering seeking to raise $10 Million  from accredited investors to buy workforce housing apartment communities suffering from urban blight and situated near schools which are performing at the bottom third of the state performance, according to ranking by test scores.

RETURNS FOR OUR INVESTORS

 

The Fund will purchase, renovate and repair the Target Communities it acquires, and will operate and manage them in a manner that achieves sufficient profitability to fund their operating expenses and the Fund’s obligations under the Notes, while at the same time delivering on the Fund’s goal of improving and increasing the value of the surrounding community.  The Fund expects its activities to greatly enhance the social development of the area surrounding the Target Communities, and to use the proceeds therefrom to, among other things, repay principal and interest on the Notes.  Thus, in addition to the monetary return to investors in the Notes, the social impact of the fund’s investment in each Target Community will be measured annually to produce a measure of economic impact in the immediate community where the Target Community is located.

 

The fund will donate 2% of the loan principal per year, to fund the community programs provided by Star-C or other 501(c) organizations to support their services.  It is anticipated that Star-C and other non-profits will also seek grants and community volunteer involvement to support their programs in the Target Communities.

Offering Size
Minimum Subscription
Term of Note
Financial Return

10 Million
$25,000
10 year
Year 1
Year 2 & 3
Year 4 & 5
Year 6 & 7
Year 8 & 9
Year 10

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1.0%
2.0%
2.5%
3.0%
4.0%
5.0%

 

SOCIAL RETURN:

In addition to an interest payment, Investors shall receive a quarterly report which measures the social impact of our mission on the communities we invest in. We anticipate an estimated a “Community Return” to stabilize at an 8-12% of the loan principal.

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