R4 Housing Partners XVI LP
R4 Housing Partners XVI LP
July 2021
Bethesda, MD - Meridian Investments, Inc. is pleased to announce the closing of R4 Housing Partners XVI LP. R4 Housing Partners XVI LP raised $325,325,000 of investor equity and will acquire interests in twenty-three affordable multi-family rental properties located in sixteen states. Nineteen corporate investors participated in the fund. Thirteen of the fund’s nineteen investors have invested in prior R4 offerings. When completed the twenty-three projects will result in the creation and preservation of 2,582 affordable housing units for families, seniors, veterans, homeless or formerly homeless individuals, victims of domestic abuse, and persons with special needs.
At least fifteen of the twenty-three properties will provide various supportive services on-site to the residents at no additional cost. Supportive services to be provided will include adult education and literacy programs, employment assistance, afterschool programs for children, health and nutrition programs, financial literacy assistance including homeownership and household budgeting programs.
The closing of R4 Housing Partners XVI LP increases R4 Capital’s affordable housing AUM to over $4.0 billion for approximately 100 investors. Through July, R4 Capital has closed more than $427 million in LIHTC investments for 2021.
About Meridian Investments, Inc.
Meridian Investments, Inc., a FINRA registered broker dealer founded in 1981.











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