Epic Community Impact Fund

What Epic Community Impact Fund does

Epic Community Impact Fund, LLC is an Atlanta-based, privately held Community Development Entity (CDE) certified by the U.S. Department of Treasury's Community Development Financial Institution (CDFI) Fund. The firm operates a portfolio of three capital vehicles — a $10 million Affordable Housing Impact Fund, the $100 million Epic/Virtual Opportunity Zone Fund I, LP (a joint venture with a global real estate private firm), and the $50 million BusinessLINC Community Loan Fund — alongside four direct loan programs (Fix & Flip, Single Family Rental, Stabilized Bridge, and Ground Up Construction) ranging from $50K to $3MM.

The company's core service stack pairs capital deployment with technical assistance (feasibility analysis, financial modeling, NMTC and LIHTC navigation, deal structuring, post-closing compliance) and a capacity-building program comprising educational workshops, networking events, and developer mentorship. A strategic partnership with American Estate & Trust (AET) enables Self-Directed IRA investors to participate in the Affordable Housing Impact Fund via AET's onboarding platform.

Epic serves minority-led developers, Self-Directed IRA investors, family offices, and institutional LPs targeting multifamily, mixed-use, and commercial real estate in low-to-moderate income communities across Atlanta, Detroit, and the broader Southeast and Midwest regions. Revenue is generated through fund management fees and net interest income from loan programs. The firm is led by a small team (1–10 employees) including Jerry McGaughy (CPEP), Tom Stokes (CPM, CCIM, CAPS, MPM), and Jim LaVallee (MAI), with no disclosed institutional backing.

Name

Epic Community Impact Fund

Legal name

Epic Community Impact Fund, LLC

Website

https://epicimpactfund.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Epic Community Impact Fund, LLC is a Treasury-certified CDE that deploys affordable-housing capital into minority-led developments across Atlanta, Detroit, and the U.S. Southeast and Midwest, via a $10M fund, a $100M Opportunity Zone JV, and direct lending programs.

Ownership category

akta.pro rank

Product category

Community Development Finance

NAICS

Grantmaking and Giving Services (8132), Civic and Social Organizations (813410)

SIC

Miscellaneous Business Credit Institution (6159), Services-Social Services (8300)

akta.pro primary industry

Community Development & Affordable Housing Funds (FSANAJAK)

akta.pro secondary industries

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Community Development & Neighborhood Revitalization (CDBG, Place-Based Initiatives) (BPAIANAE)

Keywords

• Affordable housing finance
• Community development lending
• Real estate investment funds
• Minority developer capital
• CDFI loans

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Fund Management: Manages a $10 million Affordable Housing Impact Fund targeting minority-led development projects. Revenue derived from fund management fees and investment returns from real estate development projects in low-to-moderate income communities.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Epic Community Impact Fund is a certified Community Development Entity (CDE) and Community Development Financial Institution (CDFI) that provides debt and equity financing for affordable housing and community development projects in low-to-moderate income communities. It manages investment funds (the $10 million Affordable Housing Impact Fund and the $100 million Epic/Virtual Opportunity Zone Fund I, LP) and operates four distinct loan programs (Fix & Flip, Single Family Rental, Stabilized Bridge, Ground Up Construction) for developers, complemented by technical assistance and capacity building services.

Product overview

Epic Community Impact Fund operates as a certified Community Development Entity (CDE) providing a comprehensive portfolio of debt and equity investments for affordable housing and community development. The core offering is the Epic Community Developer Impact Initiative, supported by the $10 million Affordable Housing Impact Fund and the $100 million Epic/Virtual Opportunity Zone Fund I, LP. The fund offers four distinct loan programs: Fix & Flip (rehabilitation financing), Single Family Rental (purchase/refinance of rental properties), Stabilized Bridge (short-term rent-ready property financing), and Ground Up Construction (new construction financing). Additional services include Technical Assistance & Consulting (feasibility analysis, financial modeling, tax credit navigation) and a Capacity Building Program (educational workshops, networking events, mentorship). The Self-Directed IRA Investment Platform, in partnership with American Estate & Trust, enables alternative investment in the fund through tax-advantaged retirement accounts.

Differentiator

Problem solved

Functional benefit

Products and services

• Epic Community Developer Impact Initiative Core affordable housing program that empowers local residents to transform their neighborhoods by converting empty lots and abandoned buildings into vibrant homes owned and operated by community members, offering targeted training, flexible funding, and hands-on mentorship.
• Affordable Housing Impact Fund $10 million investment fund targeting minority-led development projects, utilizing an innovative funding structure through Self-Directed IRAs in partnership with American Estate & Trust, focused on qualified low-income communities and creating sustainable wealth-building opportunities.
• Fix & Flip Loan Program Short-term loan for purchasing, renovating, and renting or selling non-owner-occupied homes with 1-4 units, ranging from $50K-$3MM with funding up to 90% of purchase price, 100% of rehab costs, and 70% ARLTV, with 12-18 month terms.
• Single Family Rental Loan Program Loan for purchasing or refinancing non-owner occupied rental properties with 1-4 units, ranging from $75K-$2MM, with purchase/rate-term refinance at 80% LTC/LTV max and cash-out refinance at 75% LTV max, offering 30-year terms with fixed rate, interest-only, and ARM options.
• Stabilized Bridge Loan Program Short-term loans for 1-4 unit residential rent-ready properties with no planned renovations, ranging from $50K-$3MM, with max LTC of 90% of purchase price (if owned less than 6 months), 100% of completed rehab, and 12-month terms up to 18 months at lender discretion.
• Ground Up Construction Loan Program Construction financing for building new homes with 1-4 units, covering 75% of land value or purchase price, 90% of total project costs with financed interest reserves, up to 70% ARLTV, and 100% of construction costs, with 12-month terms up to 24 months at lender discretion.
• Technical Assistance & Consulting Provides comprehensive project feasibility analysis, financial modeling, navigation of tax credit programs (NMTC and LIHTC), deal structuring and negotiation support, and post-closing compliance guidance, along with maintaining relationships with banks, funding partners, municipalities, contractors, and architects.
• Capacity Building Program Provides educational workshops for developers and non-profit organizations, networking events connecting minority developers with institutional investors, ongoing mentorship throughout the development process, and lead real estate development operations including financing packaging, securing acquisition, predevelopment, construction, and entitlement.
• Self-Directed IRA Investment Platform Investment platform enabling Self-Directed IRA investors to participate in the Affordable Housing Impact Fund through partnership with American Estate & Trust (AET), supporting the $10 million investment goal for Detroit and Atlanta community revitalization.
• Epic/Virtual Opportunity Zone Fund I, LP $100 million Opportunity Fund joint venture with a global real estate private firm, focused on investing in multifamily, mixed-use, and commercial development projects throughout Atlanta's designated Opportunity Zone communities.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• American Estate & Trust (AET)coreStrategic or Co-development PartnerPartnership enables Self-Directed IRA investors to easily access and invest in the Affordable Housing Impact Fund. The platform makes it easy for retirement account holders to create and manage their investments. This partnership is essential to reaching the $10 million investment goal.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Capital Impact Partners: National CDFI providing capital and technical assistance for community development, affordable housing, and social enterprises. Directly comparable to Epic in being a CDFI-credentialed lender that pairs financing with advisory support.
• Reinvestment Fund: One of the largest CDFIs in the U.S., Reinvestment Fund finances affordable housing, community development, and health-related real estate in low-income communities. Closely comparable to Epic in mission, structure (CDE/CDFI), and target geographies.
• Calvert Impact Capital: Impact-focused community investment intermediary raising retail and institutional capital and deploying it to CDFIs and community developers. Directly comparable to Epic in channeling impact capital (including Self-Directed IRA vehicles) into community development projects.
• National Trust Community Investment (NTCIC): Specializes in tax-credit-based community development financing including historic, new markets, and Opportunity Zone investments. Highly comparable in Opportunity Zone fund formation and tax-credit structuring for community development.
• Community Reinvestment Fund (CRF): National CDFI focused on financing small businesses and real estate projects in low-income communities, with both direct lending and fund-management operations. Closely comparable operating model to Epic’s loan portfolio plus fund management.

Others

• Gramercy Fund Management: Emerging-markets-focused impact investment manager; not a direct competitor but an analog in operating impact funds across geographies with structured debt/equity products, comparable in fund-management discipline.

Broad incumbents

• Local Initiatives Support Corporation (LISC): A large, established national CDFI providing capital, technical assistance, and capacity building for affordable housing and community development, including rural and minority-led developers. Overlaps with Epic's full-stack model but at significantly greater scale and geographic reach.
• Enterprise Community Partners: Major national nonprofit focused on affordable housing finance and development, deploying debt and equity (including Opportunity Zone and LIHTC) into community developers. Comparable product mix and tax-credit navigation services; broader scale and nonprofit structure than Epic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Epic Community Impact Fund