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| Olivia Travieso |
SAN ANTONIO, TX – The San Antonio Housing Authority (SAHA), in partnership with OCI Development and an affiliate of Atlantic Pacific Communities (A|P Communities), announces the groundbreaking of two new affordable housing communities in San Antonio: Vista at Everest and Vista at Interpark.
The properties will address a critical need
for affordable housing in their neighborhoods, where more than 45 percent of
renter households are paying more than 30 percent of their income on housing
costs.
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| Timothy Alcott |
“The San Antonio Housing Authority is proud to partner with Atlantic Pacific to provide opportunity housing to residents working on the frontline,” said Timothy Alcott, Chief Legal and Real Estate Officer of The San Antonio Housing Authority.
“Opportunity
housing at these two developments means rent is affordable for our teacher
assistants, our customer service representatives, our construction laborers —
the workforce backbone of our community.”
"I recognize the value of having housing options available for retirees and working families," said Councilman John Courage, City Council District 9 for the City of San Antonio.
"I will continue to utilize all available tools to increase housing affordability for both homeowners and renters. We look forward to welcoming Vista at Interpark to the community,”
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| John Courage |
"I’m excited that construction is underway and look forward to the grand opening,” said Councilman Mario Bravo, City Council District 1 for the City of San Antonio.
“Advancing
economic mobility in our community has long been a priority for Bank of
America. One way we are able to support this mission is through intentional
investments in affordable housing initiatives,” said Ventura
Perez, President at Bank of America San Antonio.
“Last
year, the bank invested $124 million in affordable housing developments in the
market, and we look forward to expanding that footprint through the Vista at
Everest and Vista at Interpark communities.”
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| Ventura Perez |
“Our
families have been San Antonians for generations, and it gives us great pride
to be contributing to the economic and housing development in our
hometown," said Olivia Travieso, Partner and Co-Founder of OCI
Development
"Our
partner, A|P Communities, shares our same commitment to community-focused and
relationship-based development, and desire to increase access and equity
throughout the city.”.
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| Dan Wilson |
“It’s
an honor to work with SAHA and OCI Development to make Vista at Interpark and
Vista at Everest a reality and we look forward to the significant positive
impact these communities will have on local residents and the surrounding
neighborhoods.”
CONTACTS:
Jessica
Wade Pfeffer
jessica@jwipr.com | 305.804.8424
Marianna
La Riva
954.471.0759
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