4% LIHTC execution without competitive subsidies
01
Los Angeles County, California
160 units
JV Partnered
BRIDGING THE HOUSING GAP Strategic Affordable and Workforce Housing Development and Advisory across California
↓The need for affordable housing is immediate, and demand keeps outpacing supply.
Meeting that demand takes more than intent. Our approach turns market discipline and deep industry experience into affordable housing that actually gets built, and pencils.
Our Approach
01
Leverage industry relationships & experience
We focus on off-market land development sites (100+ units) in Qualified Census Tracts (QCT) or Difficult Development Areas (DDA) and high-resource areas, which provide a 30% boost to tax-credit equity basis and strengthen scoring to help unlock tax-exempt bonds.
02
Minimize entitlement risk
We focus on by-right multifamily sites and maximize state density-bonus law to expedite development.
03
Structure favorable agreements
We enter long-term purchase and sale agreements (12–24 months) to allow time for entitlements and financing, aiming to close land directly into construction loans, and we work with cities, counties, transit districts, and educational and religious institutions to create public private partnership opportunities.
04
Create significant upside
We create value by unlocking development sites and public private partnership opportunities in desirable markets.
What We Develop
01
New Construction
Ground-up affordable and workforce communities, typically 100+ units, sited in high-resource locations with by-right entitlement and a clear path to entitlement feasibility.
02
Acquisition-Rehab
Acquiring and renovating existing communities, including naturally occurring affordable housing, to preserve long-term affordability for current residents.
03
Public-Private Partnerships
Structuring deals with cities, counties, transit districts, school districts, and religious and educational institutions to unlock sites.
04
Mixed Use & Master Plans
Pairing affordable housing with for-sale lots, market-rate, or commercial components to make complex sites feasible.
Advisory Services We Provide
Advisory that gets complex deals financed and built.
We advise partners on the analysis and structuring behind affordable housing, from the first feasibility screen through closing and construction.
01
Feasibility Analysis
Site, zoning, density-bonus, and financing-program screening to determine what a site can actually support before anyone commits capital.
02
Underwriting & Structuring
Capital-stack design across tax-exempt bonds, tax-credit equity, and soft sources, built to hold together through closing and construction.
03
Project & Partnership Negotiations
Purchase agreements, ground leases, joint-venture structures, and public-agency agreements that keep partnerships durable over a long cycle.
Our Developments
Large-scale master plan in highest resource area
02
Riverside County, California
564 units
JV Partnered
High-resource TOD with multiple paths to financing
03
Alameda County, California
235 units
JV Partnered
Who We Are
0+
Years in affordable housing
0
Projects acquired or financed
0
Units
Includes projects led by founder Jatin Malhotra in prior roles at USA Properties Fund and Cypress Equity Investments.
Founder & CEO
Jatin Malhotra
More than a decade structuring and financing affordable housing, now building a firm around it.
Jatin has 12+ years of specialized experience in affordable housing acquisitions, development, and financing, and has led the acquisition and/or financing of 36 projects totaling 7,912 units. He was formerly the acquisitions lead at USA Properties Fund, one of the nation's largest affordable housing developers, and helped launch Cypress Equity Investments' affordable housing platform, reaching 7 projects and 1,728 units in a single year.
His deal execution spans California, with expansion into Nevada, Oregon, and Washington, and relationships across brokers, developers, municipalities, lenders, general contractors, property managers, and investors.
Prior Experience Across California
Advisory Board
Larry Mandell
Advisory Board
Larry Mandell has spent his career helping architecture, engineering, and construction firms pursue and deliver complex infrastructure work, including projects financed by the multilateral development banks. As President of Pacific Genesis, Inc., he advises firms on market entry, positioning, and partnership structure across the United States and Latin America. He brings that transaction and partnership experience to Malhotra Ventures' public and private development relationships.
Bruce Haldors
Advisory Board
Bruce Haldors brings more than 35 years in transportation planning and engineering, advising public agencies and private owners across the United States and the Middle East. He has led the delivery of complex mobility projects throughout the Pacific Northwest and championed the development of intelligent transportation systems and GIS-based connectivity planning tools. He serves on the Transportation Research Board's committee on artificial intelligence and advanced computing.
Sidney Rice
Advisory Board
Sidney Rice is an investor and entrepreneur, serving as Chief Executive Officer of S. Rice Group and co-founder of Sodo Athletic Lab. After seven seasons in the National Football League with the Minnesota Vikings and Seattle Seahawks, he built a portfolio spanning consumer brands, athletics, and technology. He holds an MBA from the University of Miami.
Erik Mykletun
Advisory Board
Erik is the Founder and Principal of Signature Land Group, a boutique real estate brokerage and advisory firm providing entitlement-focused services throughout California. With more than 20 years of experience spanning real estate finance, development, capital markets and advisory, Erik has worked across North America, Latin America, Europe and Asia, supporting more than $1 billion in North American real estate transactions and leading $52 million in institutional capital raises internationally.
At Signature Land Group, Erik advises property owners, investors and developers on feasibility, zoning, entitlement strategy, financial analysis and disposition, guiding projects from initial evaluation through transaction execution. His approach combines financial discipline, market insight and practical problem-solving to help clients navigate complex real estate decisions and create long-term value.
Erik brings to the board a broad perspective across real estate investment, development, capital formation and strategic decision-making, together with a practical, collaborative approach to evaluating opportunities and managing complex challenges.
Consultant Team
Ari Mandell
Independent Consultant
Ari Mandell is an outside consultant to Malhotra Ventures, supporting the team on underwriting, contract and regulatory review, and funding strategy for California affordable housing deals.
Partner With Us
Whether you own land, lead a city, build homes, or deploy capital, we want to hear from you.
We work with landowners, public agencies, homebuilders, developers, and capital partners to move affordable housing forward across California. Tell us about your site, your city, or your goals, and we'll follow up.