Lincoln Avenue Communities

Develops affordable housing with government subsidies

Lincoln Avenue Communities

Develops affordable housing with government subsidies

Overview

Lincoln Avenue Communities is a family-owned owner, developer, and investor focused on affordable housing across the United States. It uses government rental subsidies, such as Section 8 and Section 42, to fund and manage housing for low-income families. The team moves quickly to complete a variety of affordable housing transactions, combining financing, development, and property management to preserve or create affordable units. Its goal is to deliver quality low-income housing while earning financial returns for investors and delivering social benefits to communities.

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About Lincoln Avenue Communities

Simplify's Rating

Why Lincoln Avenue Communities is rated

B-

Rated B on Competitive Edge

Rated B on Growth Potential

Rated C on Differentiation

Industries

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Santa Monica, CA

Founded

2016

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Simplify's take

What believers are saying

2026 launches span Dallas, Channahon, Fairfax, Salt Lake City, Columbus, and Largo.
Morgan Stanley anchored LAC's $260 million fund, expanding buy-and-hold capacity.
2026 projects target seniors, families, and net-zero construction, strengthening subsidy and tenant demand.

What critics are saying

LIHTC financing depends on tax-credit allocations, rates, and local approvals; delays hit 2027 deliveries.
LAC's 200-plus-property portfolio faces operating pressure from insurance, maintenance, and property-tax escalation.
Any capital-market freeze or failed fundraise could stall acquisitions and development entirely.

What makes Lincoln Avenue Communities unique

LAC combines developer, investor, operator across 34 states and 35,000+ units.
Its 2026 Wilshire fund gives acquisition dry powder and institutional capital access.
It wins public-private sites, including Fairfax Government Center and Dallas church land.

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Benefits

Performance Bonus
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Disability Insurance
Paid Vacation
Paid Holidays
Paid Sick Leave
Parental Leave

Company News

Press Trust of India

Oct 11th, 2026

Tessolve raises $75M from Vector Line Capital to fund acquisitions

Tessolve, a Hero Electronix venture that provides semiconductor engineering services, has raised $75 million (about ₹725 crore) from US-based Vector Line Capital. The company plans to use the money to fund acquisitions that add to its capabilities, widen its services, and strengthen its global footprint. Vector Line is a strategic investment company that invests only in semiconductors and the chip supply chain. It joins existing investors TPG and Novo Tellus, and this is its first investment in India.

SiliconANGLE Media

Jul 23rd, 2026

Abstract Security raises $25M, recurring revenue up 380%

Abstract Security has raised $25 million in a Series A extension to expand its composable security operations platform. The startup's annual recurring revenue grew 380% over the past year, whilst net revenue retention reached 264% and its customer base tripled. Founded in 2023, Abstract offers an alternative to traditional security information and event management platforms. Its streaming-first architecture runs threat detection whilst data is moving, rather than after storage, and routes information to multiple destinations without vendor lock-in. The platform includes Astro AI for detection, triage, investigation and response. It's available through AWS, Microsoft Azure and Google Cloud marketplaces. Cheyenne Ventures and Atlantic Vantage Point co-led the round. The extension was raised at three times Abstract's prior valuation, bringing total funding to nearly $50 million.

PR Newswire

Jun 27th, 2024

Lincoln Avenue Communities Breaks Ground On Affordable Housing Development In Madison, Wisconsin

City of Madison Economic Development Director Matt Mikolajewski and LAC leaders attended the groundbreaking ceremony for The View and The Victoria at Huxley Yards, two affordable housing apartment complexes for families and seniors in Madison, Wisconsin. Additional photos and renderings available upon request.MADISON, Wis., June 27, 2024 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, celebrated their groundbreaking yesterday on the future site of The View and The Victoria at Huxley Yards, during a ceremony with LAC leaders, local policymakers and partners. The Huxley Yards developments will provide a combined 553 affordable housing units to individuals, families and seniors in Dane County earning less than 50%, 60% or 70% of the Area Median Income. City of Madison Economic Development Director Matt Mikolajewski and LAC leaders attended the groundbreaking ceremony for The View and The Victoria at Huxley Yards, two affordable housing apartment complexes for families and seniors in Madison, Wisconsin. "Lincoln Avenue Communities is proud to break ground on the largest ground-up affordable housing property to be developed in Wisconsin," said Jeremy Bronfman, LAC CEO. "Once completed, Huxley Yards will provide hundreds of high-quality, affordable homes for Madison residents."The View will provide 303 affordable housing units for families and individuals, and The Victoria will provide 250 affordable units for seniors

PR Newswire

Apr 23rd, 2024

Lincoln Avenue Communities Breaks Ground On Affordable Housing Development In Orlando, Florida

Mayor Buddy Dyer, Director of Program Operations for Orange County Housing Finance Authority Shawn Tan and LAC leaders attended the groundbreaking ceremony for 52 at Park, a 300-unit apartment complex for lower-income families and individuals in Orlando. Additional photos and renderings available upon request.ORLANDO, Fla., April 23, 2024 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground Tuesday on the future site of 52 at Park during a ceremony with LAC leaders, local lawmakers and partners. 52 at Park will provide 300 affordable housing units to individuals and families in Orange County earning no more than 60% of the Area Median Income."Lincoln Avenue Communities is proud to grow our portfolio of affordable housing developments in Florida," said Jordan Richter, LAC vice president and regional project partner. "Once completed, 52 at Park will provide hundreds of high-quality, affordable homes in one of the state's fastest-growing metropolitan areas."The property will include eight residential buildings, with all units expected to be completed by the end of 2025."The City of Orlando remains committed to ensuring that everyone who wants to call Orlando home has access to quality housing that is safe and affordable," said Orlando Mayor Buddy Dyer. "Through the power of partnership by working alongside Lincoln Avenue Communities, we look forward to welcoming the addition of 300 new affordable apartments and continue to leverage funding and offer incentives to make it easier for developers to build affordable housing in Orlando."52 at Park will offer amenities including a fitness center, pool, clubhouse, central laundry and a playground. The property will also include a sprawling solar installation that will offset 100% of the community's electricity usage, making it one of the first affordable housing communities in Florida to provide full solar offsetting."LAC is committed to ensuring the long-term sustainability and resiliency of our developments," said Cricket Cleary, LAC director of development

PR Newswire

Nov 3rd, 2023

Lincoln Avenue Communities Breaks Ground On Affordable Housing Development In Reno, Nevada

RENO, Nev., Nov. 3, 2023 /PRNewswire/ -- Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground this week on the future site of Pinyon Apartments, a development that will provide 252 units of affordable housing for lower-income families in Reno. Pinyon Apartments will bring hundreds of new units of affordable housing to downtown Reno. Additional photos and renderings available upon request. "Lincoln Avenue Communities is committed to building high-quality, affordable homes in cities like Reno that are experiencing an acute housing crisis," said LAC CEO Jeremy Bronfman. "We're proud to begin construction of our first ground-up development in Nevada and to help bolster the state's affordable housing supply."Construction of Pinyon Apartments is expected to finish in 2025

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