South Africa Workforce Housing Fund (“SAWHF”) was a multi-investor fund that began operations in April 2008.  SAWHF was fully invested, having raised US$154 million of LP capital from five different investors with an additional participating debt commitment of $80 million from the United States International Development Finance Corporation (“DFC“) (previously known as the Overseas Private Investment Corporation).  Since its inception, SAWHF made 35 investments involving approximately 30,000 units of affordable for-sale and rental housing in South Africa.  SAWHF successfully exited it from its last remaining investment in 2023.