We specialize in developing and building affordable housing.
Since our beginning in 1991, we’ve been committed to providing more affordable housing. To date, we’ve built more than 13,000 units. More than 3,000 of them have been designed and built for affordable communities (also known as low-income or income-assisted communities).
Our business philosophy doesn’t rely on a high profit margin. It relies on capturing a bigger share of the market. Whether we’re building a luxury, market-rate, or income-assisted community, we work to give renters and buyers more for their money.
Even when acting solely as a GC for market-rate projects, we encourage project owners to pass our construction savings onto renters and buyers.
Giving people more for less is in our DNA. It’s our primary motivation. Understandably, we relish the opportunity to work as a multifamily, affordable housing developer.
We can think of no better way to do what we love while helping to bring strength and stability to our local communities.
The importance of affordable housing is immeasurable.
A stable home environment benefits families, communities, and local economies.
A safe, stable home bolsters family dynamics. It improves school performance. It reduces mental health issues. And it stimulates local economic development.
A stable home environment has even been shown to reduce the potential for violence, crime, and drug problems. And it plays a key role in community development.
Providing working families with safe, feature-filled affordable housing opportunities offers them an opportunity for stability. And that benefits all of us.
There has never been a bigger need for affordable housing developments.
According to the most recent U.S. Census Bureau, 23% of renters are spending at least 50% of their income on housing.
A 2022 survey by the Pew Research Center found that 88 percent of U.S. adults say the availability of affordable housing in their local community is a problem.
The National Low Income Housing Coalition estimates the U.S. has a shortage of 6.8 million affordable rental homes for those whose incomes are at or below the poverty line.
There is a particular need for affordable homes in the fast-growing regions of Northern California (particularly near the San Francisco Bay Area) and Northern Nevada.
In the unpredictable world of modern real estate, affordable housing has never been more critical to America’s future. And no one is better suited to building, developing, and managing affordable multifamily housing than Pacific West.
We provide more for less
Pacific West has designed, built, developed and managed more than 3,000 multifamily units i