Safehold Executes on Affordable Housing Push with Los Angeles Ground Lease Deal

Safehold Inc. closed a ground lease for a Low Income Tax Credit affordable housing development in Woodland Hills, Los Angeles, expected to deliver 207 units by 2028 and developed by Meta Housing. This marks a step in executing Safehold's 2025 push into affordable housing, expanding its specialized ground lease segment. The deal slightly increases exposure to regulatory and political risk tied to affordable housing, but maintains Safehold's long-term ground lease model and steady income-producing sites.