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Oct 3, 2019

Pedcor doubles down on SA affordable apartments

​​​​​SAN ANTONIO – Carmel, Ind.-based Pedcor Cos. is developing two local affordable apartment projects totaling $73 million.Culbera Creek, a 312-unit complex at FM 1560 and Culbera Rd., broke ground in July. Move-ins are ​slated for...
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by
Angela Nguyen

​​​​​Two affordable apartment projects underway in San AntonioSAN ANTONIO – Carmel, Ind.-based Pedcor Cos. is developing two local affordable apartment projects totaling $73 million.

Culbera Creek, a 312-unit complex at FM 1560 and Culbera Rd., broke ground in July. Move-ins are ​slated for October 2020.

The 280-unit Mesa West apartments​​ at 25601 Overlook Pkwy. will break ground soon and wrap up by 2021.​

All units in both projects are reserved for people making 60 percent or less of the area median income. The communities are funded as part of a federal housing tax credit program.

Texas logoGet more news like this on the Real Estate Center’s website:

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Written by
Angela Nguyen
Last updated
Mar 28, 2024

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