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Affirmed Housing completes new affordable housing development in San Marcos, Texas
Transactions - AUGUST 3, 2023

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Affirmed Housing completes new affordable housing development in San Marcos, Texas

by RELEASED

Affirmed Housing announced the completion of Alora, a new 83,775-square-foot affordable housing community for low-income households in the Richmar neighborhood of San Marcos, Texas.

Comprising four residential buildings and a community center, Alora delivers 100 apartment units for families and individuals earning 30 percent to 50 percent of the area median income (AMI), with one unit reserved for the on-site property manager. Each of the one-, two- and three-bedroom apartments in the GreenPoint Rated development features state-of-the-art energy- and water-saving systems. Residents have exclusive access to a community building that houses a pool, barbecue area and bike parking, as well as a separate basketball hoop area and several tot lots located throughout the complex for families with children. A total of 171 parking spaces are available, five of which are accessible, and one space is reserved for USPS.

“Alora represents responsible stewardship for San Marcos’

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