Alliant Capital Invests in Blue Mountain Terrace Affordable Development Near Sacramento

WINTERS, Calif. — Alliant Capital has completed an investment in Blue Mountain Terrace, a 63-unit affordable seniors housing development in Winters, a rural city approximately 25 miles west of Sacramento.

Domus is developing the community, which will serve those age 62 and older earning between 25 and 60 percent of the area median income. The size of Alliant’s investment was not disclosed.

“California’s demand for affordable housing is high statewide,” says Dudley Benoit, executive vice president at Alliant Capital. “In particular, the need for quality housing for low-income seniors is urgent.”

Over 20 of the units will be designated for seniors with physical, mental and developmental disabilities as well as seniors with long-term chronic health conditions and those exiting from institutional settings.

The project is slated for completion in March 2021.