Alliant Capital has announced the closing of an investment in Mesa West, a new housing community in San Antonio, to be developed by Pedcor Investments. The garden-style property will provide affordable housing for 280 low-income families.
“Alliant Capital is proud to be a part of the Mesa West project, our 10th affordable housing investment with Pedcor,” said Dudley Benoit, executive vice president at Alliant Capital. “Our priority as an organization continues to be enabling access to affordable housing across the country, which is made possible through partnerships like this one.”
Targeted for completion in second quarter 2021, Mesa West marks the fifth development for Alliant Capital in the Bexar County area, providing homes for 735 families as a part of the low income housing tax credit program.
To date, Alliant Capital has invested more than $340 million in affordable housing developments in Texas totaling more than 5,700 units.
