Two New Communities, Vista at Everest and Vista at Interpark, Address Critical Need for Opportunity Housing in San Antonio, TX

 

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.

Timothy Alcott

The two communities will offer a combined 128 affordable apartment homes and construction is expected to be completed by Fall 2022.

 “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,” 

John Courage

“Vista at Everest is a step toward serving our need for high quality affordable housing in District 1. 

"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.”

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.”.

Dan Wilson

“These two communities are a reflection of our steadfast commitment to bring high quality affordable housing to San Antonio,” said Dan Wilson, Senior Vice President of A|P Communities.

 

“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

marianna@jwipr.com | 

954.471.0759

 

www.apcompanies.com.

Bank of America newsroom