Ellavoz Impact Capital

What Ellavoz Impact Capital does

Ellavoz Impact Capital (EIC) is a privately held, Belmar, New Jersey-based social impact investment, advisory, and real estate development firm founded in 2020 by Robert Hutchins (a retired partner of Withum, Smith + Brown and former executive chairman of Biofortis). The firm focuses on creating and preserving workforce and affordable housing in Opportunity Zones and other underserved U.S. markets, operating across New Jersey, Florida, the Carolinas, the Washington D.C. Metro, and Pennsylvania. Its primary beneficiary segments include essential healthcare workers, university students, military families and veterans, and low-to-moderate income households earning 50–120% of area median income; on the capital side, it serves UHNW individuals, family offices, and accredited investors.

The firm operates through a multi-product platform comprising (1) the Ellavoz Shared Values Opportunity Funds (ESVOF), tax-qualified Opportunity Zone vehicles targeting a 12% annual IRR over a typical 10-year hold; (2) the Ellavoz Neighborhood Homes Funds (ENHF), social impact funds acquiring single-family residential real estate and REO assets, with Fund I deploying approximately $20M of LP equity and Fund II targeting ~18% IRR; (3) the UHNW Family Advisory Practice, providing estate tax minimization, generational wealth transfer, business succession planning, and asset protection delivered by attorneys, CPAs, and valuation analysts; and (4) the Ellavoz Impact Angel Network, a co-investment platform that has placed a $3M SEED into Orbican Systems Inc. in precision medicine. Its only disclosed proprietary technology is the Impact Rate of Return measurement algorithm co-developed with Howard W. Buffett (Global Impact LLC / Columbia University) and NES Financial, which quantifies social and economic impact for Opportunity Zone investments.

EIC generates revenue primarily through fund management fees and GP equity participation on its Opportunity Zone and Neighborhood Homes funds, supplemented by professional services fees from the UHNW Family Advisory Practice and affiliated entity economics. As of 2026, the firm manages or controls approximately $400 million in assets across multiple markets and has attracted over $500 million in cumulative private equity, public sector, and debt resources. Go-to-market is relationship-driven, distributing investment products via direct enterprise sales to UHNW families and family offices and via partnerships with CDFIs, nonprofits (e.g., Reinvestment Fund, Community Preservation Corp, EQ Housing Advisors, YouthBuild Newark), and government agencies. Development projects such as Cedar Creek Estates (45 build-to-rent homes, Jacksonville FL), Newark Commons (42 workforce units / 146 bedrooms, historic St. Michael's Hospital adaptive reuse), and the Philadelphia and Washington D.C. acquisitions are co-developed with Auben Realty, Smith & Roller Holdings, and Tesatura Capital. The firm is affiliated with the Ellavoz Children's Literacy Foundation, a 501(c)(3) launched in October 2025.

Name

Ellavoz Impact Capital

Legal name

Ellavoz Impact Capital, LLC

Website

https://ellavoz.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Ellavoz Impact Capital is a privately held, Belmar, NJ-based social impact investor, advisor, and real estate developer that creates and preserves workforce and affordable housing in Opportunity Zones across the Mid-Atlantic and Southeast, serving UHNW investors, family offices, and low-to-moderate income households.

Ownership category

akta.pro rank

Product category

Impact Investment & Real Estate Development

NAICS

Other Financial Vehicles (52599), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), Other Activities Related to Real Estate (53139)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Community Development & Affordable Housing Funds (FSANAJAK)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Impact Investing (Intentional, Measurable Social/Environmental Outcomes) (FSAAALAC), Impact / ESG Venture Capital (FSANAAAG)

Keywords

• Impact investing
• Opportunity zone funds
• Affordable housing
• UHNW advisory services
• Workforce housing development

Headquarters

HQ city

Belmar

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Opportunity Zone Fund Management: Management fees and GP equity participation from Ellavoz Shared Values Opportunity Funds (ESVOF) that invest in price-attainable housing within designated Opportunity Zone census tracts. Tax-qualified opportunity funds leverage exclusion of capital gain recognition with 10-year typical investment term targeting 12% annual IRR.
2. Neighborhood Homes Fund Management: Social impact funds specializing in acquiring single-family residential real estate and REO asset management. Strategies include workouts with principal reduction and modification to preserve homeownership or return properties for new ownership at affordable prices.
3. UHNW Family Advisory Services: Advisory services for wealthy clients covering estate tax minimization, generational wealth transfer, business succession planning, and asset protection. Provided by attorneys, CPAs, and valuation analysts with expertise in tax laws and business strategy.
4. Impact Angel Network Investments: UHNW families and partners invest directly in projects and companies through the Ellavoz Impact Angel Network. Investments include $3 million SEED capital into Orbican Systems Inc. for precision medicine technology and cleantech/climate remediation startups.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Ellavoz Impact Capital is a social impact investor, advisor, asset manager, and real estate developer that creates and preserves workforce and affordable housing primarily through Opportunity Zone and single-family residential investment funds, alongside UHNW family advisory services. The firm structures public-private partnerships with CDFIs, nonprofits, and government agencies to develop community-oriented real estate and offer accredited investors impact-aligned vehicles targeting competitive risk-adjusted returns.

Product overview

Ellavoz Impact Capital operates as a multi-product investment and advisory firm with five core offerings: (1) Ellavoz Shared Values Opportunity Funds - tax-qualified opportunity zone funds targeting workforce housing; (2) Ellaville Neighborhood Homes Funds - single-family residential investment funds for homeownership preservation; (3) UHNW Family Advisory Practice - high-net-worth estate planning and tax advisory services; (4) Ellaville Impact Angel Network - angel investment platform for UHNW individuals co-investing in impact ventures; and (5) Ellaville Children's Literacy Foundation - 501(c)(3) nonprofit literacy program. The firm also develops real estate projects including Cedar Creek Estates (45-unit build-to-rent community in Jacksonville) and Newark Commons (adaptive reuse workforce housing in Newark). The overall portfolio targets price-attainable housing and community development while delivering competitive financial returns.

Differentiator

Problem solved

Functional benefit

Brands

• Ellaville Children's Literacy Foundation (ECLF): 501(c)(3) nonprofit foundation promoting literacy in underserved communities by connecting authors with young readers through school visits and book donations.
• Ellavoz Neighborhood Homes Funds
• Ellavoz Shared Values Opportunity Funds
• Ellavoz Impact Angel Network
• UHNW Family Advisory Practice

Products and services

• Ellavoz Shared Values Opportunity Funds (ESVOF) Tax-qualified Opportunity Zone funds that leverage capital gain exclusion incentives to generate competitive returns while driving measurable community impact through workforce and affordable housing investments in designated Opportunity Zone census tracts; typical 10-year investment term targeting 12% annual IRR.
• Ellavoz Neighborhood Homes Funds (ENHF) Social impact funds specializing in acquiring single-family residential real estate and REO asset management; uses workout strategies with principal reduction and modification to preserve homeownership or return properties to the market at affordable prices for new owners. Includes Fund I ($20M LP equity), Fund II (NC/SC markets), and Fund III (market-based homeownership approach).
• UHNW Family Advisory Practice

Quantifiable outcome

• Targeting 12% annual IRR on Opportunity Zone investments
• +5 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and minor.

• Smith & Roller HoldingscoreStrategic or Co-development Partner · 12 February 2026Partnership for acquisition and development of 1807 E. Huntingdon Street in Philadelphia's East Kensington neighborhood. Smith & Roller serves as project sponsor with Ellavoz as co-general partner providing capital support and capital attraction. The project will transform a vacant factory into 109 residential units and 8,600 SF commercial space with 60% affordable/workforce housing.
• Impact Services, Inc.minorStrategic or Co-development Partner · 12 February 2026Local nonprofit providing job skills training for underemployed Philadelphia residents; tenants at 1807 E. Huntingdon Street commercial space have agreed to participate in job training partnership with Impact Services.
• Tesatura CapitalcoreStrategic or Co-development Partner · 6 November 2025Joint venture formed in 2024 to create and preserve affordable housing throughout the Carolinas. Partnership includes acquisition of 56 NOAH units in Summerville SC (Canopy at Pine Landing, Canopy at Cypress Square, Canopy at Oak Bend) and 104 units in North Charleston SC (Canopy at the Element, Canopy on Ashley). Tesatura founded 2023 by Allie Zamfir.
• EQ Housing AdvisorscoreImplementation/ SI/ Consulting Partner · 6 November 2025Non-profit managing partner for Summerville affordable housing portfolio. Firm collaborates as non-profit managing partner with Tesatura Capital and Ellavoz. Marc Pollack serves as President & Board Chair.
• National Park ServiceminorOthers · 29 September 2025Historic restoration plan and design for Newark Commons received approval from National Park Service for Federal Historic Preservation tax credits.
• UNICO NationalminorGTM or Marketing Partner · 30 July 2025Sponsor of UNICO National 102nd Annual Convention Italian American Awards Gala. CEO Robert Hutchins presented Lifetime Achievement Award for Public Service Leadership.
• Auben RealtycoreStrategic or Co-development Partner · 10 July 2025Multi-state management firm specializing in single-family rentals, build-for-rent (BFR), and multifamily. Co-development partner for Cedar Creek Estates in Jacksonville, FL. Manages property operations with resident-first approach. Operations in Augusta, Atlanta, Chattanooga, Columbia, Greenville, Kansas City, Dallas-Fort Worth, and Jacksonville.
• YouthBuild NewarkcoreStrategic or Co-development Partner · 19 May 2025Partnership to fully rehabilitate building at 571 Central Avenue for consolidation of LEAD Charter School operations. EIC secured $10.6MM in NMTC allocation and CDFI debt for the renovation project.
• New Jersey Institute of Technology (NJIT)minorStrategic or Co-development Partner · 8 December 2022Lead benefactor for Boomers Funding Zoomers award; committed $15,000 to winners of NJIT New Business Model Competition and Innovation Accelerator Center. Impact Angel Network provides mentorship and grants to student entrepreneurs.
• Urban League of Broward CountyminorStrategic or Co-development PartnerPartner with Urban League of Broward County for Legacy Village mixed-use development in Fort Lauderdale FL. Project will create approximately 75 units of housing with health center and grocery store.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• New Jersey Community Capital: CDFI and community development financial institution focused on affordable housing and community development in New Jersey. Closely comparable: Ellavoz's COO Jeffrey Crum joined from NJCC where he was CIO, and both organizations operate in overlapping NJ impact investing and affordable housing space.
• Reinvestment Fund: Mission-driven CDFI providing financing for affordable housing and community development. Direct comparable as Ellavoz's partner on Summerville NOAH preservation; both deploy capital into community-oriented real estate with measurable social impact.
• Community Preservation Corporation (CPC): CDFI focused on preservation of affordable multifamily housing. Direct comparable as CPC provided $5M equity for Ellavoz's North Charleston acquisitions; both target NOAH preservation and workforce housing preservation strategies.
• Cinnaire: CDFI and community development lender with focus on affordable housing and place-based impact. Direct comparable as Cinnaire provided financing for Ellavoz's Newark Commons acquisition; both operate as impact capital intermediaries.
• Capital Impact Partners: National CDFI providing capital and capability-building for underserved communities. Comparable as community development lender and impact investor; operates in similar asset classes and with similar LPs in the impact space.
• Bridges Fund Management: UK-based impact investment fund manager focused on place-based impact including affordable housing. Comparable as a sustainable/impact PE fund manager measuring double bottom line returns, though operating in different geographies.
• BlueHub Capital: CDFI providing capital for affordable housing, community facilities, and economic development. Comparable as impact capital intermediary with similar mission and asset class focus on community development lending and investment.
• Auben Realty: Multi-state single-family rental and build-for-rent operator. Direct comparable as Ellavoz's co-development partner for Cedar Creek Estates; both operate in the build-to-rent and single-family rental space with overlapping geography in the Southeast.

Broad incumbents

• Enterprise Community Partners: National nonprofit impact investor and developer of affordable housing. Broader incumbent in the same impact affordable housing space, with much larger scale and broader geographic footprint; comparable in mission and target asset class.
• LISC (Local Initiatives Support Corporation): National CDFI supporting affordable housing and community development across the US. Comparable as a larger incumbent with similar community development finance model and impact investing focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/allevo-impact-capital
• Xx.com/EllavozC
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ellavoz Impact Capital