Newsroom – Alliant Communities

Alliant Communities Breaks Ground on Sheridan Apartments, Bringing 88 Affordable Homes to Menlo Park

Public-private partnership transforms former Flood School site into affordable housing for educators, public employees and working families MENLO PARK, CA (SEPTEMBER 2026) — Alliant Communities, in partnership with Community Revitalization and Development Corporation (CRDC), is proud to announce the groundbreaking of Sheridan Apartments, a new 88-home affordable housing community located at 320 Sheridan Drive in […]

Alliant Communities Secures Financing for VOSE: A Transformative Affordable Housing Project in Van Nuys, CA

VAN NUYS, CA (June 26, 2024) – Alliant Communities secures financial closing for VOSE, a transformative, affordable housing project located at 7050 Van Nuys Boulevard, Van Nuys, CA 91405. The VOSE project, set to be completed in the second quarter of 2026, will cost $160 million to build. Financing includes $117.2 million in bond proceeds […]

Fannie Mae, Freddie Mac Make Great Sources of Gap Financing for OZ Projects While Preferred Equity Comes at a Cost

Published by Mark O’Meara on Thursday, May 2, 2024 The opportunity zones (OZ) incentive is a powerful tool used to finance community development. Qualified opportunity funds (QOFs) tracked by Novogradac have raised nearly $38 billion since the inception of the incentive in 2017. However, it is expected that actual OZ investment is greater than the […]

On the Move: Alliant Communities Team Empowering Affordable Housing Solutions at the San Gabriel Valley Consortium on Homelessness 2024 Housing Summit

LOS ANGELES, CA (April 22, 2024)— Steven Spielberg, Alliant Communities Senior Vice President of Affordable Housing, participated in the San Gabriel Valley Consortium on Homelessness 2024 Housing Summit, an event that highlighted the significance of paving the way for a brighter future in affordable housing solutions. The San Gabriel Valley Consortium on Homelessness, a collaborative […]

Steven Spielberg Named as Senior Vice President of Affordable Housing at Alliant Communities

LOS ANGELES, CA (February 14, 2024)– Alliant Communities (AC) announced the appointment of Steven Spielberg as Senior Vice President of Affordable Housing. Mr. Spielberg brings over two decades of multifamily development experience to his new role, where he will spearhead all affordable housing efforts, overseeing acquisition, entitlement, design, and construction operations. “We are thrilled to […]

Classy Move: Using Excess School Land to Build Faculty Housing

As seen on Spaces4Learning.com. With a burnout rate 14 percentage points above the national average, it’s little wonder that more than three-quarters of U.S. states are experiencing a shortage of teachers. The lack of affordable housing options in many school districts and resulting hours-long commutes for educators compound the problem. By using excess land […]

Transit-Oriented Affordable Housing Breaks Ground Near Los Angeles

Alliant Communities breaks ground on more than 700 affordable units in Los Angeles area. As seen on National Apartment Association. More than 700 attainable and affordable rental housing units are coming north of Los Angeles. Calabasas, Calif.-based real estate firm Alliant Communities (AC) broke ground on four transit-oriented multifamily communities that will add 727 […]

Developer to break ground on housing for ‘Missing Middle’

Calabasas-based Alliant Communities broke ground on a four-property multifamily project totaling 727 units in San Fernando Valley. These projects will provide newly built units that will be attainable for middle-class renters, known as “missing middle” housing. As seen on Spectrum News 1. LOS ANGELES — When it comes to building new apartments and housing […]

Breaking Ground: Alliant Communities Works on Four SFV Apartments

Alliant Communities is poised to break ground on four multifamily projects in the San Fernando Valley. As seen on San Fernando Valley Business Journal. The Calabasas-based firm specializes in creating attainable housing, also known as workforce housing, targeting people making 80% of the average median income of the area, which with a $61,000 average […]