The San Antonio Housing Authority (SAHA) and partner NRP Group received a 9% tax credit from the Texas Department of Housing and Community Affairs.
One of the primary amenities being offered by Foundation Communities at Foundation Village is an on-site community center and childcare.
TAAHP member JP Morgan Chase is reported to be giving $1 million to Houston Business Development to build affordable housing units within the city and provide below-market rate loans to small businesses with marginal credit scores.
The NRP Group, the vertically-integrated, best-in-class developer, builder and manager of multifamily housing, today announced the promotion of Jason Arechiga to the position of Senior Vice President of Development. Arechiga, who has been with NRP since 2012, will continue to lead the majority of the company’s affordable housing initiatives in Texas, where NRP is currently developing and building more than 4,000 affordable and market rate apartment units.
TAAHP member CommunityBank of Texas partnered with Bethlehem Baptist Church in Mansfield, Texas to build a 135-unit affordable housing apartment complex for seniors.