Workforce Choke Point Ratio

What the Choke Point Index Measures The Workforce Choke Point Ratio measures how much the minimum cost to deliver a new code-compliant home in a given state exceeds the maximum mortgage a household earning the national non-metropolitan median income can qualify for. A positive ratio means workforce housing construction is mathematically unfinanceable for the median workforce family without subsidy. A negative ratio means new homes are within reach. The ratio isolates the supply-side problem: it measures the cost of creating new supply relative to the income of the intended buyer, independent of existing home prices, rents, or inventory. Click here to download the report.

Getting Stuck in Massachusetts’ ‘Housing Purgatory’

Many residents make too little to buy at market rate but too much to qualify for subsidies.  Massachusetts is now the second most expensive state in the nation for workforce homeownership, trailing only Connecticut. Many working families find themselves trapped in a housing gap — earning too much to qualify for assistance programs, yet not enough to afford a newly built home. Click here to read the full analysis to learn how construction costs, land-use regulations, and financing constraints are shaping the state's housing crisis.

The Modern Homestead: Why $100 Billion Can’t Build Starter Homes Yet

This is the distinct scarcity of 2026—not a shortage of land, labor, or human desire, but a scarcity of permission. By Jonathan Tower,  CEO, Arctaris Impact Investors, LLC Click here to read the full article from Forbes.

THE AMERICAN BUILDER ACT: Restoring the Ladder of Ownership

THE AMERICAN BUILDER ACT: Restoring the Ladder of Ownership - A Market-Based Framework to Build 500,000 Starter Homes Without New Spending. By Jonathan Tower,  CEO, Arctaris Impact Investors, LLC Click here for more.

Arctaris Releases 2025 Annual Impact Report: Building to Endure

Arctaris Impact Investors, LLC (“Arctaris”), among the largest impact-focused Opportunity Zone fund manager nationally, released its 2025 Arctaris Impact Report: Building to Endure. Arctaris deployed $26M of capital, deepened its focus on affordable housing, and added nearly 5,000 broadband fiber passings. Read more in the report: Building to Endure: Investing in Housing and Community Revitalization

Arctaris Secures $60 Million New Markets Tax Credits Award from U.S. Treasury’s CDFI Fund to Boost Industrial and Manufacturing in Underserved Communities

BOSTON, MA — January 15, 2026 — Arctaris Impact Investors, a Boston-based national impact investment firm, proudly announces that its affiliate, Arctaris Impact CDE, LLC, was awarded $60 million in New Markets Tax Credits (NMTC) by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This prestigious award will empower Arctaris to finance transformative industrial and manufacturing projects, driving economic growth, job creation, and revitalization in low-income and underserved communities across the United States. Arctaris Impact CDE was previously awarded a $30 million NMTC allocation from the CDFI Fund in 2022. Click here to read more

No Time to Wait, Why Investors Should be Looking at OZ Funds Right Now

By Jonathan Tower, Founder and CEO of Arctaris Impact Investors, LLC The U.S. Congress recently made the Opportunity Zone (OZ) program permanent, which is reason to celebrate. In a few short years the OZ legislation has proven itself to be one of the most successful economic development programs ever. There are now plenty of reasons why investors should want to commit to OZ’s today, before the new legislation takes effect in 2027. You can read the full article here

Arctaris Releases Annual Impact Report, Stepping Up for Communities and Investors

Arctaris Impact Investors, LLC (“Arctaris”), the largest impact-focused Opportunity Zone fund manager nationally, released its 2024 Arctaris Impact Report: Stepping Up for Communities and Investors. Arctaris deployed $97M of capital across 7 transactions in real estate, broadband and operating companies, the most ever deployed by Arctaris in a single year. We invested $30M through the New Markets Tax Credits (NMTC) program to businesses, 94% of which were minority-owned businesses. Click here for more .