New affordable housing coming to Lubbock by 2028
Ground is officially broken on a new Lubbock affordable housing development expected to open in 2028. The Reserves at Santa Fe Place, at the corner of Justice Avenue and 43rd Street, will cover about six acres with affordable housing. It will have 90 units, from 1- to 3-bedrooms, and a clubhouse. A groundbreaking on Nov. 6 detailed the project's 3-year journey and the team effort required to make it happen. "We spent years looking at plans, figuring out numbers, solving gaps, working in Excel spreadsheets, but today we get to see all that come together, and we get to create a place that people will call home," said Ryan Zent, with Overland Property Group, the project's developers. "A safe, comfortable, and affordable home gives people room to breathe. It means a parent can worry a little bit less about next month's rent, and it means a child has a dependable place to come home after school." Zent said this project showed that public-private partnerships can work, bringing public resources together with private investment, expertise, and local leadership. The project included Hunt Capital Partners, UMB, JGR, Arco, First United Bank, and local organizations. "We can create opportunities that none of us
