Canyon Multifamily Impact Fund IV plans to spend approximately $100 million on affordable housing properties in the Northeast. : Canyon Partners Real Estate LLC has partnered with Santander Bank to launch Canyon Multifamily Impact Fund IV, which will acquire and manage approximately $100 million of workforce housing apartment communities serving low- to moderate-income residents in the Northeast. This is the firm’s fourth partnership with the Canyon Multifamily Impact platform, which has acquired more than $475 million of workforce housing, representing more than 4,000 unites and 3.4 million square feet, since inception.