Safehold closes ground lease for 336-unit affordable housing development in San Antonio, Texas - SAFE News | RalliesSafehold closes ground lease for 336-unit affordable housing development in San Antonio, Texas
S
SAFE• Ground lease closed for San Antonio affordable housing project
- Safehold closed a ground lease for a 336-unit Low-Income Housing Tax Credit development in southeast San Antonio, Texas.
- The NRP Group will develop the project, with delivery targeted for 2028.
- Wells Fargo will provide tax credit equity support for the development.
- The deal marks Safehold’s first affordable housing development in San Antonio, its third in Texas in 2026.
