For investment documents or additional information, please contact:
Thomas Lopez-Pierre
Fund Manager
Urban Real Estate Fund, LLC
Urban Real Estate Fund III, LLC
Affordable Housing Campaign Fund, LLC646-527-1116
info@urbanrealestatefund.cominfo@affordablehousingcampaignfund.com
The Urban Real Estate Fund III, LLC is a social impact private [ equity ] real estate fund.
(50% of Distributable Profits will be Allocated to Equity Investors)
The Affordable Housing Campaign Fund, LLC is a social impact private [ debt ] real estate fund.
(5% Annual Interest Rate for Debt Investors)
(For more infomation about each real estate fund, please click on the above blue link)
Public Notice: Fraud, Financial Mismanagement, and Operational Incompetence
Urban Real Estate Fund, LLC (UREF), Urban Real Estate Fund III, LLC (UREF III), and Affordable Housing Campaign Fund, LLC (AHCF) have made the strategic decision to fundamentally change their business models after experiencing significant challenges involving fraud, financial mismanagement, and operational incompetence among [ several ] Black real estate entrepreneurs with whom the Funds have invested.
Five years ago, a group of Black medical doctors, corporate lawyers, and investment bankers came together to provide Black real estate entrepreneurs with access to equity capital to help revitalize Black communities.
Instead of delivering the responsible stewardship, financial transparency, and operational competence that investors have every right to expect, several Black real estate entrepreneurs have committed fraud, financial mismanagement, and failures to meet financial obligations.
Rather than continuing to rely on individual Black real estate entrepreneurs, UREF, UREF III, and AHCF have decided to shift their focus toward directly acquiring, developing, rehabilitating, and managing real estate investment properties exclusively in New York City.
By working together, UREF, UREF III, and AHCF will seek to create a sustainable real estate investment platform that "Builds Wealth and Creates Jobs."
Rather than continuing to rely on individual Black real estate entrepreneurs, UREF, UREF III, and AHCF have decided to shift their focus toward directly acquiring, developing, rehabilitating, and managing real estate investment properties exclusively in New York City.
By working together, UREF, UREF III, and AHCF will seek to create a sustainable real estate investment platform that "Builds Wealth and Creates Jobs."
East West Bank Invested $338,000 In Affordable Housing!
(Thomas Lopez-Pierre in front of East West Bank, located in Flushing, Queens, New York)
On October 23, 2025, the Affordable Housing Campaign Fund, LLC was established to develop and preserve affordable housing for families who rely on housing assistance programs, including Section 8—formally known as the Housing Choice Voucher Program administered by the U.S. Department of Housing and Urban Development (HUD).
On April 30, 2026, 3129 Fenton Avenue, LLC, a client of the Affordable Housing Campaign Fund, LLC, successfully refinanced an exploitative mortgage put in place by the previous owner, reducing the interest rate from [ 12.25% to 6.5% ] through a new $338,000, 10-year interest-only loan with East West Bank.
As of June 2025, East West Bank has more than $78 billion in assets and over 100 locations in America and Asia (East West Bank was founded in 1973 in Los Angeles to serve the Chinese American community).
This refinancing supports the preservation and redevelopment of 3129 Fenton Avenue in the Bronx, New York by significantly reducing the property's debt burden and improving its long-term financial stability. The project will add a second apartment—a basement unit with a private entrance—and secure a new Certificate of Occupancy from the New York City Department of Buildings. The Affordable Housing Campaign Fund, LLC is currently raising $100,000 from accredited investors (paying an annual 5% interest rate/5 year term) to finance the legal conversion of the property by adding a second apartment—a basement unit with a private entrance (the project is expected to increase the property's monthly rent roll by $2,600, from $3,910 to $6,510, while expanding access to safe, stable, and affordable housing for families in need.
This refinancing supports the preservation and redevelopment of 3129 Fenton Avenue in the Bronx, New York by significantly reducing the property's debt burden and improving its long-term financial stability. The project will add a second apartment—a basement unit with a private entrance—and secure a new Certificate of Occupancy from the New York City Department of Buildings. The Affordable Housing Campaign Fund, LLC is currently raising $100,000 from accredited investors (paying an annual 5% interest rate/5 year term) to finance the legal conversion of the property by adding a second apartment—a basement unit with a private entrance (the project is expected to increase the property's monthly rent roll by $2,600, from $3,910 to $6,510, while expanding access to safe, stable, and affordable housing for families in need.