Our Programs
Repositioning/Redevelopment
The principals of Alliant Communities specialize in developing projects that seamlessly integrate residential, commercial, and retail spaces. Whether it’s combining these elements within a single project or enhancing an existing community, Alliant has the expertise to create vibrant, mixed-use environments that offer residents convenient access to essential services and amenities.
Types of Repositioning/subcategories:
Office to Residential
Alliant Communities is adept at converting vacant office buildings into residential spaces, often creating affordable housing options in urban areas where demand is high.
Retail to Residential
Our team specializes in repurposing former retail spaces into housing units, bringing new life to neighborhoods and creating valuable residential opportunities.
Hotel to Residential
The principals of Alliant Communities have considerable experience in repurposing hotel buildings into affordable housing, effectively addressing housing shortages while maximizing the potential of existing structures.
Educational/Religious Land Development
Alliant Communities collaborates with educational institutions and religious organizations to develop unused land for affordable housing. These projects often include community-focused amenities, enhancing the value for residents and the surrounding area.
Opportunity Zones
Alliant Communities actively invests in economically distressed areas designated as Opportunity Zones. By creating affordable housing in these areas, we not only address housing needs but also provide significant tax benefits to investors.
As part of the Tax Cuts and Jobs Act passed in 2017, Congress established a new community development program to incentivize long-term, growth-oriented investments in low-income census tract areas called “Opportunity Zones” States nominated up to 25% of the low-income census tracts (as shown to the right) as Qualified Opportunity Zones (with up to 5% being low-income contiguous census tracts) which were then certified by the Secretary of the U.S Treasury via his delegation authority to the Internal Revenue Service. AC currently has multiple OZ projects in the San Fernando Valley.
Investment Highlights
Opportunity
Invest in residential attainable and affordable housing real estate through a Qualified Opportunity Zone (“QOZ”) Fund with a tax advantaged structure.
Growth
Properties will be acquired in growth-oriented, demand driven areas to develop or renovate quality attainable housing.
Income-Driven
Excellent risk/return profile with attractive annual yields, post stabilization, plus tax excluded capital appreciation as part of the QOZ program.
Platform
Managed by one the nation’s largest sponsors of affordable multifamily real estate with over 1,000 investments in 47 states and deep industry knowledge.
Our Funnel
Through sourcing and in-depth analysis of market opportunities, ASI is able to make a difference in areas where there is significant demand. Affordable attainable housing is essential to providing the fundamental elements of healthy lives for renters by necessity.
Transit-Oriented Development
Our team has substantial experience in developing affordable housing near public transit hubs. These projects are designed to enhance accessibility for residents while reducing transportation costs, making them ideal for urban settings.
