March 2022 Meridian Investments, Inc. is pleased to announce the closing of R4 Housing Partners XVII, LP. R4 Housing Partners XVI, LP raised $261,800,000 of investor equity to date and will acquire interests in eighteen affordable multi-family rental properties located in fourteen states: Arkansas, California, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Maine, Michigan, Minnesota, New Mexico, Tennessee, and Virginia. Eighteen corporations invested in the fund. Eleven of the fund’s eighteen investors have invested in prior R4 offerings. When completed the seventeen identified projects will result in the creation and preservation of 2,123 affordable housing units for families, seniors, and homeless or formerly homeless individuals. At least eleven of the identified seventeen properties will provide various supportive services on-site to the residents at no additional cost. Supportive services to be provided will include adult education and literacy programs, employment assistance, afterschool programs for children including tutoring, health and nutrition programs, shuttle services, financial literacy assistance including homeownership and household budgeting programs. The closing of R4 Housing Partners XVII, LP increases R4 Capital’s affordable housing AUM to nearly $4.5 billion with over 100 investors. R4 Capital closed approximately $750 million in LIHTC investor equity for 2021. Meridian Investments, Inc., a FINRA registered broker dealer and advisor founded in 1981, has completed approximately $25 Billion in equity placements to over 175 institutional investors. Meridian, a provider of placement agency services for the primary and secondary LIHTC market, as well as the renewable and alternative energy tax credit equity market, has offices in Boston, Washington, D.C., Atlanta, Chicago, and Louisville. https://www.meridiancompaniesllc.com

July 22, 2021 Meridian Investments, Inc. is pleased to announce the closing of R4 Housing Partners XVI, LP. R4 Housing Partners XVI, LP raised $325,325,000 of investor equity and will acquire interests in twenty-three affordable multi-family rental properties located in sixteen states. Nineteen corporate investors participated in the fund. Thirteen of the fund’s nineteen investors have invested in prior R4 offerings. When completed the twenty-three projects will result in the creation and preservation of 2,582 affordable housing units for families, seniors, veterans, homeless or formerly homeless individuals, victims of domestic abuse, and persons with special needs. At least fifteen of the twenty-three properties will provide various supportive services on-site to the residents at no additional cost. Supportive services to be provided will include adult education and literacy programs, employment assistance, afterschool programs for children, health and nutrition programs, financial literacy assistance including homeownership and household budgeting programs. The closing of R4 Housing Partners XVI, LP increases R4 Capital’s affordable housing AUM to over $4.0 billion for approximately 100 investors. Through July, R4 Capital has closed more than $427 million in LIHTC investments for 2021. Meridian Investments, Inc., a FINRA registered broker dealer and advisor founded in 1981, has completed approximately $25 Billion in equity placements to over 175 institutional investors. Meridian, a leader in primary and secondary LIHTC transactions and renewable and alternative energy tax credit equity, has offices in Boston, Washington, D.C., Atlanta, Chicago, and Louisville. https://www.meridiancompaniesllc.com

Meridian Investments, Inc. is pleased to announce the closing of R4 Housing Partners XIV, LP. R4 Housing Partners XIV, LP raised $257.5 million of investor equity and will acquire interests in twenty-eight affordable multi-family rental properties located in fifteen states and the Commonwealth of Puerto Rico. Eleven corporate investors participated in the closing. When completed the twenty-eight projects will result in the creation and preservation of 2,758 affordable housing units for families and seniors. The closing of R4 Housing Partners XIV, LP increases R4 Capital’s affordable housing financings to approximately $4.6 billion from 88 investors. Meridian Investments, Inc., a FINRA registered broker dealer and advisor founded in 1981, has completed approximately $23 Billion in equity placements to over 175 institutional investors. Meridian, a leader in primary and secondary LIHTC transactions and renewable and alternative energy tax credit equity, has offices in Boston, MA, Washington, D.C. and Atlanta, Georgia. https://www.meridiancompaniesllc.com

April 10, 2020 Meridian Investments is pleased to announce the closing of the R4 Miami Housing Partners, LP. Four investors participated in the $23.3 million closing. Three of the four investors were repeat R4 investors. R4 Miami Housing Partners, LP is a single property LIHTC fund with the property located in Miami, FL. The property, Casa Devon, will undergo a substantial rehabilitation that will preserve 210 affordable housing units for seniors.

April 15, 2020 Meridian Investments is pleased to announce the closing of the R4 San Jose Housing Partners, LP. Five investors participated in the $49.1 million closing. Four of the five investors were repeat R4 investors. R4 San Jose Housing Partners, LP is a single asset LIHTC fund with the property located in San Jose, CA. The property, Valley Palms, will undergo a substantial rehabilitation that will result in the preservation of 354 affordable housing units for families. .

Meridian Investments announced the closing of R4 Centennial Housing Partners, LP. Three investors participated in the $18 million closing of which all were new R4 investors. R4 Centennial Housing Partners, LP is a two property Colorado LIHTC fund with properties located in Adams and Denver counties. The portfolio currently consists of 241 Low Income Housing Tax Credit housing units including new construction and rehabilitation for families. R4 anticipates expanding the fund during the first quarter of 2019 when a third approximately $4.1 million Colorado property closes

Meridian Investments announced the $152 million initial closing of R4 Housing Partners X, LP. Eight investors participated in the closing of which five were new R4 investors. The balance of the fund will close early in 2019. R4 Housing Partners X, LP is a nineteen property multi-family LIHTC Fund diversified across fourteen states and the Commonwealth of Puerto Rico. The portfolio consists of 2,880 Low Income Housing Tax Credit housing units including new construction and rehabilitation for seniors and families.

Meridian Investments, Inc. is pleased to announce the closing of R4 Jacksonville Housing Partners, LP. R4 Jacksonville Housing Partners, LP will acquire interests in four affordable multi-family rental properties located in Jacksonville. When completed the four projects will result in the creation and preservation of 768 affordable housing units for families. Two existing corporate investors participated in the closing, which totaled approximately $41 million. R4 provided tax credit equity and tax- exempt bond financing to the four projects whose approximate development costs exceed $136 million.

Meridian Investments, Inc. is pleased to announce the initial closing of R4 Metro Housing Partners, LP. R4 Metro Housing Partners, LP will acquire interests in four affordable multi-family rental properties located in the Washington, DC region. When completed the four projects will result in the creation and preservation of 648 affordable housing units for families and seniors. Seven corporate investors participated in the closing of which three were first time R4 investors. The properties are located in Fairfax County, VA (1); Montgomery County, MD (1); and Washington, DC (2). One of the Washington, DC properties, St. Elizabeths, is the adaptive reuse of the historic St. Elizabeths Hospital and is an integral part of the District of Columbia’s master development plan for the area. R4 provided tax credit equity and tax- exempt bond financing to the St. Elizabeths project whose approximate development cost exceeds $108 million. With the closing, R4 Capital has surpassed more than $2.3 billion of tax credit equity under management for more than 65 investors.