The Aarohi Fund invests in entities that advance the development of productive housing ecosystems in the Global South.

Founded in 2011 by the Affordable Housing Institute with seed funding from the Bill & Melinda Gates Foundation, the Aarohi Fund is a socially-motivated investor that helps promising, early-stage affordable housing entities achieve scale according to the following theory of impact:

  1. Quality affordable housing is the product of a healthy housing ecosystem where each step of the supply and demand side value-chains functions efficiently.

  2. Housing ecosystems evolve as a result of Mission Entrepreneurial Entities (MEEs), defined as mission-driven, entrepreneurial, financially viable entities in the business of creating a critical housing product or service.

  3. MEEs need both capital and advice to grow. Thus, the Aarohi Fund offers responsive, cost-effective capital alongside the Affordable Housing Institute's advice in the areas of organizational development, strategy, capital raising, housing policy, and housing finance.

We are currently seeking investment opportunities. Please visit the Apply page to learn more.

If you are interested in partnering with the Aarohi Fund, please contact us at