Business View Magazine | October 2020

317 BUSINESS VIEW MAGAZINE OCTOBER 2020 C I BOLO, TEXAS For more than 26 years, Highridge Costa has excelled as an innovator in the complex field of affordable housing, successfully meeting the challenge to develop quality new housing for underserved families and seniors faced with the need for housing that is affordable. The company has been a leader in affordable housing having developed over 30,000 units, and more than 290 communities in 33 states and Puerto Rico all of which have been designed to integrate seamlessly into existing neighborhoods whether rural, suburban or city settings. All have been financed using the most successful affordable housing finance program, utilizing Federal Low- Income Housing Tax Credits (LIHTC). In 2019, Highridge Costa held a ribbon- cutting ceremony for El Sereno Senior Living, a newly developed $21 million apartment community in Cibolo, Texas. A true public/private partnership – one of the first of its kind in south- central Texas – providing much needed affordable housing for seniors. The Cibolo City Council endorsed and supported El Sereno from the beginning planning stages to its grand opening. “Few industries have a greater impact on low-income Americans than does ours”, says Highridge Costa President and CEO Michael Costa. “We take tremendous pride in creating quality new affordable multifamily and senior housing for people who are of lesser means or even homeless. We feel very fortunate that our “work” changes lives for so many seniors and families throughout the nation.” ...... For more information, please visit our website www.housingpartners.com Kelsee Jordan Lee, Interim Director of Economic Development for the City