FAQ
Frequently asked questions
Every answer is visible here and cites its source section.
What is Recovery Housing Fund I?
- A proposed closed-end real estate fund that plans to own Arizona residential and small multifamily property and lease it to independently underwritten recovery-housing tenant organizations. The tenants operate their programs; the fund is not a treatment provider or resident-placement service. It is in formation.Source: Public whitelist · model
Is the fund open or already investing?
- No. The fund is proposed and in formation. There are no verified acquisitions, formed-entity confirmations, financing or subscriptions. Planning targets a first close on April 1, 2027, subject to readiness and final documents.Source: Public whitelist · terms (reconciled Nov 4, 2026)
Who can invest?
- Any offering is intended under Rule 506(c) for verified accredited investors only. Verification happens through the secure portal process with supporting evidence; a checkbox or self-description on this website is used only to route your inquiry.Source: Public whitelist · offering; SEC 506(c) guidance
What are the planning terms?
- $29M target commitments, $50,000 minimum, 5–7 year horizon with no redemption promise, 36-month acquisition period, an 8% cumulative simple preferred return on unreturned called capital (a distribution priority, not a guaranteed yield), whole-fund European waterfall with a 70/30 residual and no catch-up, a 1.5% management fee on original deployed acquisition equity and a 1.5% acquisition fee.Source: Public whitelist · terms
Has the SEC approved this fund?
- No. The SEC does not approve or endorse private offerings. The intended Investment Company Act 3(c)(5)(C) treatment is subject to counsel analysis and is not a registration or approval.Source: Public whitelist · disclosure
Who sponsors the fund?
- The sponsor pairing is Steward Housing + RAW Capital Fund. Sponsor experience is separate from fund performance; the fund has no track record of its own.Source: Public whitelist · brand
Where do subscriptions, documents and statements happen?
- Only in Cash Flow Portal, the selected portal destination. This website does not accept payments, bank details, SSNs or accreditation documents. The issuer-specific workspace is pending configuration, so links currently open the generic Cash Flow Portal login.Source: Public whitelist · destinations
Does the fund hold resident or medical information?
- No. The fund is a landlord. Resident and clinical records belong with authorized operators and providers. Fund reporting is designed to use aggregate, de-identified tenant metrics.Source: Research edition 1.0 · regulatory watch
Why Arizona?
- The research identifies a growing Phoenix metropolitan population, diversified employment and an established recovery ecosystem, with a state licensing framework for sober-living homes. Each property still must prove lawful capacity, value and tenant cash collections.Source: Research edition 1.0 · overview
Can I sell or lease a property to the fund?
- You can submit a property or tenant-organization inquiry. Submissions are reviewed by people; nothing on this site is an offer to buy or lease, and no resident information should be shared.Source: Operators routes
Important: Information is preliminary and may change. Any offering is made only through definitive offering documents to eligible verified accredited investors, subject to acceptance. No assurance of acquisitions, financing, distributions, tax benefits or exit. Private securities are illiquid and involve risk, including loss of all invested capital. A preferred return is a distribution priority, not a guaranteed payment. The SEC has not approved or endorsed this investment. Proposed entity names and appointments remain subject to confirmation.