Rainbow Housing Assistance Corporation

About Rainbow Housing Assistance Corporation

Rainbow Housing Assistance Corporation is a real estate operator. Rainbow Housing Assistance Corporation operates in Albuquerque, New Mexico, Atlanta, Georgia and Chicago, Illinois. Its investment focus is on Affordable Housing and LIHTC.

Rainbow Housing Assistance Corporation is a Glendale, Arizona-based nonprofit founded in 2002. With roughly 51–200 employees and 24 years in operation, it works nationally in affordable housing rather than market-rate development. Its platform combines resident services with housing ownership and partnership activity, and the organization reports serving more than 100 low-income communities across the United States. Rainbow focuses on affordable multifamily and rental housing, including family and senior communities, with an emphasis on preserving existing assets, rehabilitating distressed properties, supporting LIHTC-driven projects, and providing service-enriched programming to residents. Its operating model includes partnerships with owners and developers to improve community stability, resident outcomes, and long-term asset performance. Public statements from Rainbow have cited portfolios exceeding 16,000 units, showing a meaningful national footprint in service-supported affordable housing.

Principals at Rainbow Housing Assistance Corporation