Our solutions are rooted in local needs and built to advance drivers of prosperity such as affordable housing and access to capital, healthcare, education, and job opportunities.
- $24B+
- Invested in Communities Nationwide¹
- 211K
- Majority Affordable Housing Units Built or Preserved to Date¹ ²
- $2.8B
- Financing to Support 40K+ Small Businesses¹
Source: 1 Goldman Sachs as of Q4 2025. 2 Of which 151K Housing Units are Affordable.
Built for Impact
We leverage the extensive depth, breadth, and expertise of Goldman Sachs to deliver tailored solutions and demonstrated impact in local communities.
Holistic Local Impact
Deep Partnership
We collaborate with public and private leaders to define strategies and develop capital solutions that are designed to advance community and commercial impact.
Tailored Solutions
We provide centralized access across debt and equity solutions, tailoring capital stacks to the unique needs of communities, partners, and stakeholders.
Proven Ingenuity
We have over 25 years of experience in community development, which enables us to navigate complex projects with creativity and expertise.
Impact AreasHolistic solutions. Enduring community impact.
Affordable Housing
Small Business
Community Facilities
Education
Mixed-Use Development
Healthcare
Homeownership
Sustainability
Investing in Communities
UIG investments integrate housing, business, and community development to foster comprehensive, long-term impact across neighborhoods.
Frederick Samuel Apartments
UIG Investment: $161 million
A comprehensive renovation of 664 public housing units across 42 buildings, Frederick Samuel Apartments serve over 1,300 residents through NYCHA’s Permanent Affordability Commitment Together initiative. The buildings will convert to project-based Section 8 properties post-renovation, ensuring upgraded units remain permanently affordable. The developers are Genesis Companies and Lemor Development Group, two Harlem-based developers, with construction led by Monadnock Construction.
Urban League Empowerment Center
UIG Investment: $193 million
The Urban League Empowerment Center is a mixed-use development that includes 170 affordable rental units, supportive housing for youths aging out of foster care, the National Urban League’s new headquarters, and New York’s first Urban Civil Rights Museum. Retail is anchored by Trader Joe's and Target. Public sector partners include New York State Homes and Community Renewal, Empire State Development, and NYC Economic Development Corporation. The developers are L+M, BRP Companies, and Taconic Capital.
Innovative Urban Village Phase IA
UIG Investment: $294 million
Innovative Urban Village will be a mixed-use master plan development located on 10.5 acres in East New York. Phase 1A includes 385 affordable rental units and over 17,000 square feet of retail space. The broader development will be constructed over a 10-year period and grow to include nine residential buildings, a performing arts center, grocery store, day care facility, and a vocational school. Public sector partners include the New York State Housing Finance Agency, the New York State Homes and Community Renewal Agency, the New York City Department of Housing Preservation and Development, and the New York City Housing Development Corporation. The developers are the Gotham Organization, Monadnock Development, and the Christian Cultural Center.
Homestead Gateway
UIG Investment: $240 million
Jersey City's Homestead Gateway is a 34-story mixed-income residential development built on a former municipal parking lot. The building includes 360 units and ground-floor retail. One-third of the site will be publicly accessible open space with close proximity to the Journal Square transit hub. Public sector partners include the New Jersey Economic Development Authority’s Aspire Program and the New Jersey Housing and Mortgage Finance Agency. The developer is the Lions Group.
Hahne & Company Redevelopment
UIG Investment: $87 million
This redeveloment project transformed the historic Hahne & Company department store into a mixed-use, mixed-income development with 160 residential units. Retail space is home to Rutgers University’s arts and cultural incubator, a Barnes & Noble bookstore, and Newark’s first Whole Foods Market. Public sector partners include the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic Development Agency. The developer is L+M Development Partners.
Hinchliffe Stadium
UIG Investment: $47 million
Originally built in 1932, this Paterson baseball stadium was home to Negro League teams including the New York Black Yankees and New York Cubans. Its redevelopment brought 75 units of senior housing to the neighborhood, along with a preschool, event space, and a museum that focuses on the stadium's history. Public sector partners include the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic Development Authority. The developers are BAW Development and the RPM Group.
Arbor 515
UIG Investment: $39 million
Arbor 515 is a large-scale redevelopment converting office space into a mixed-income, mixed-use building with 96 affordable units and the Pinyon Montessori school. Residents may receive financial benefits through a tenant wealth initiative that includes an emergency fund and rent rebates. Public sector partners include the Salt Lake City Community Reinvestment Agency. The developer is a local nonprofit, Perpetual Housing Fund.
The Exchange
UIG Investment: $113 million
A ground-up, mixed-use, transit-oriented development in downtown Salt Lake City, The Exchange includes 412 mixed-income residential units, a collective of ground floor retail space, a food hall, and a co-working facility for small businesses. Public sector partners include the Salt Lake City Corporation and the Salt Lake City Housing and Neighborhood Development. The developers are The Domain Companies and Giv Development.
Spark
UIG Investment: $109 million
Spark is a 200-unit, 100% affordable housing project in Salt Lake City. The development will provide deeply affordable units to residents and include an on-site high quality, affordable childcare center, run by local nonprofit Neighborhood House. Public sector partners include the Utah Housing Corporation and the Salt Lake City Community Reinvestment Agency. The developer is Brinshore Development.
400 China Basin Condominiums
UIG Investment: $54 million
A 148 all-electric condo development in San Francisco, the 400 China Basin Condominiums provide permanent affordable homeownership to income-qualifying first-time homebuyers. The project is part of a broader Mission Bay master plan to build 1,100 affordable housing units. Public sector partners include San Francisco’s Office of Community Investment and Infrastructure and the Mayor's Office of Housing and Community Development. Homeownership couseling will be provided by Homeownership SF. The developers are Curtis Development, Michael Simmons Property Development, and Young Community Developers.
Kōz Uptown
UIG Investment: $26 million
Kōz Uptown is a 169-unit mixed-income, workforce housing development located in the Lower Queen Anne neighborhood near downtown Seattle. Public sector partners include the Washington State Housing Finance Commision and the City of Seattle Office of Housing. The all-electric building includes small efficiency dwelling units developed by Kōz Development.
Essential Housing Impact Partnership
UIG Investment: $454 million
The Essential Housing Impact Partnership is a large-scale acquisition and preservation of over 10,000 multi-family units to ensure long-term affordability across 90 properties in eight states. This is a $1.2 billion joint venture partnership with The Michaels Organization and Community Development Trust. The portfolio provides housing for over 30,000 residents including low- and moderate-income seniors and families in high-cost urban centers and rural communities.
Recent Investments in Action
Goldman Sachs Investing in Dallas-Fort Worth’s ‘Missing Middle’ Housing
UIG Investment: $40 million
Mixed-Income Housing Breaks Ground at Former East Austin School Site
UIG Investment: $60 million
Goldman Sachs’ Urban Investment Group Leads $278M Financing for Queens Housing
UIG Investment: $167 million
Goldman Sachs Loans $119M to Build Newark Multifamily Project
UIG Investment: $119 million
Goldman Sachs Finances $270 Million Affordable Housing Project in New York
UIG Investment: $189 million
Urban Investment GroupExplore More
Subscribe to Briefings
Our signature newsletter with insights and analysis from across the firm
By submitting this information, you agree that the information you are providing is subject to Goldman Sachs’ privacy policy and Terms of Use. You consent to receive our newsletter via email.