Amcal
AMCAL is a renowned real estate development firm founded in 1978, specializing in various phases of housing development, including affordable, market-rate, student, and workforce rental housing. Headquartered in California, the company has significantly expanded its operations and project portfolio across California, Texas, and Washington, establishing itself as a leader in affordable housing.
Initially focused exclusively on market-rate housing, AMCAL has shifted its strategic approach over the years, robustly re-entering the market-rate multifamily sector in 2012. This reinvigoration led to the establishment of AMCAL Equities, LLC, a division that specializes in developing Class A luxury apartments and student housing. The company has made a significant impact not only with its new multifamily developments but also by expanding its affordable housing division into Texas, further enhancing its market presence.
AMCAL boasts an impressive array of achievements, having completed over 14,000 multifamily units and engaged in more than 70 public/private partnerships. The firm has secured approximately $900 million in tax credit financing, which has been crucial for its development projects. Moreover, it has raised significant funds for scholarships, supporting over 127 AMCAL Scholars, which underscores its commitment to social responsibility and community development.
In recognition of its efforts and contributions to the real estate landscape, AMCAL has received various accolades, including the 2024 Multifamily Development of the Year CoStar Impact Award for the Spring Villas project and the 2023 Development of the Year Award for the Richcrest Apartments in Houston. These awards reflect AMCAL's dedication to excellence in real estate development and its ongoing commitment to providing innovative housing solutions.
As a company committed to enriching the lives of its residents and community stakeholders, AMCAL remains a preferred choice among tenants, municipalities, and universities, marking its presence as one of the top developers of student housing in the United States. Through its strategic initiatives and focus on high-quality development, the company continues to shape the housing landscape in the regions it serves, ensuring that diverse housing options are available to meet the needs of various demographics.
Payment applications generally include the application for payment form and a continuation sheet (which includes a schedule of values and change orders). Depending on the situation, you may also include backup documents like materials receipts and invoices, payroll wage reports, and lien waivers.
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