National Equity Fund

Congratulations to Our 2026 Charles L. Edson Award Winner

NEF is honored to have invested in The Rise, which was recognized as one of Affordable Housing Tax Credit Coalition's (AHTCC) 2026 Charles L. Edson Award Winners. 

This impactful affordable housing development was selected along with 9 others in 10 categories. Read more about this award-winning development below!

Check out NEF's 4 Award Winners & 4 Finalists Recognized in the AHF's 2026 Readers' Choice Awards


The Rise - 2026 Charles L. Edson Award Winner for Large Metropolitan Housing

The Rise - 2026 Charles L. Edson Award Winner for Large Metropolitan Housing

Brooklyn, NY | Xenolith Partners, LLC

The Rise is a 72-unit, Passive House-certified mixed-use development in Brooklyn, New York providing 71 affordable homes, including 47 supportive housing units for justice-involved individuals and families. The development also provides affordable housing for households earning 30%, 40%, and 60% of the area median income (AMI) and is currently 100% occupied, demonstrating the strong demand for permanent supportive housing. Developed by Xenolith Partners, LLC through New York's Vital Brooklyn Initiative, the nearly $50 million project combines affordable housing with more than 13,000 square feet of community space offering employment services, legal assistance, mental health counseling, education, and wellness programs to help residents achieve long-term stability. Designed using Trauma-Informed and Active Design principles, The Rise promotes healing, safety, and well-being through abundant natural light, biophilic features, landscaped terraces, and a rooftop urban farm that improves food access and supports community education. The development is also a model of sustainable construction, earning Passive House certification and NYSERDA recognition for design excellence. By addressing the critical need for supportive housing in a neighborhood with high poverty and incarceration rates, The Rise strengthens the broader Brownsville community through shared services, green spaces, and workforce development, serving as a national model for innovative, sustainable permanent supportive housing. 

The Rise is a 2026 Charles L. Edson Award Winner for Large Metropolitan Housing and 2026 AHF Readers' Choice Award Winner in the Permanent Supportive Housing category.



Read more about The rise

 

View and Learn More About All 10 of the 2026 Charles L. Edson Award Winners

Past Awards won

2025 AHF Readers' Choice Award Winners & Finalists

2024 Charles L. Edson Tax Credit Excellence Award Winners

2024 AHF Readers' Choice Award Winners & Finalists

2023 AHF Readers' Choice Award Winners & Finalists

2023 Charles L. Edson Tax Credit Excellence Award Winners