Lotus Campaign Makes First Impact Investment

An exciting first

In November 2018, the Lotus Campaign (three months after launching!)  invested in our first acquisition, Sharon Crossing, a 144-unit multi-family development located in Southwest Charlotte. We partnered with Jonathan Rose Companies to purchase a 144-unit multifamily building, reserving 20% of the units (30 units) for Lotus Campaign clients in our Landlord Participation Program. We have completed a green rehab to reduce energy consumption, water consumption and other initiatives to improve the overall health and safety of the property. In acquiring this property, we followed a social impact investment model using market rate debt and private equity – without relying on any government funds or subsidies. 

Our Acquisitions Program addresses a serious shortage of high-quality, safe and affordable workforce housing by investing in existing properties. Lotus employs the same private investment strategies often used in for-profit real estate development to both create workforce housing and address homelessness, leveraging capital as a tool for social impact. As we grow, we intend to invest in more housing developments to help create and maintain a long-term supply of housing for people experiencing homelessness and housing instability, and to reinvest our investment returns back into the Lotus Campaign.

Get Involved


Help support and spread the Lotus model

Stay Connected

Get our latest news

Bust the Myths

Learn more to combat myths about homelessness