Members in the News
Freddie Mac partnering with RBC to provide $180 million for affordable housing
From Housing Wire Freddie Mac, which re-entered the Low-Income Housing Tax Credit market last year after nearly 10 years away, is partnering with RBC to provide more than $180 million for affordable rental housing. Freddie Mac announced Tuesday that it closed a LIHTC...
Corpus Christi’s average rent is $1,500 while yearly salary is about $45K
From Caller Times The Coastal Bend economy is described as "robust." Unemployment is the lowest in a decade at 4.3 percent. Corpus Christi added about 4,200 non-farm jobs, a growth of 2.2 percent from 2017, according to the Texas A&M University-Corpus Christi...
Dallas Housing Authority seeking proposals from several TAAHP members to reinvigorate properties
From the Dallas Business Journal A dozen developers have been chosen by the Dallas Housing Authority to help reinvigorate residential properties across the city. As reported by the Dallas Morning News, the city’s public housing authority announced in June that it was...
New Hope Housing Breaks Ground on One of First Post-Harvey Affordable Housing Communities in Houston
New Hope Housing’s latest development will provide 170 studio apartments.New Hope Housing has broken ground on its ninth affordable single-room occupancy (SRO) housing community. It will be one of the first affordable housing developments to begin construction since...
High-end apartment complex coming to downtown to San Antonio provide affordable housing
SAN ANTONIO - A plan to revitalize the Victoria Courts Commons area near Hemisfair Park has been decades in the making, and now it's becoming a reality. You may have seen Hemisview Village and Refugio Apartments in that area. And now, a new higher-end...
Foundation Communities to open Affordable Housing in Mueller in 2019
Foundation Communities has laid the foundation for their latest affordable housing community in Mueller, opening in 2019! The Jordan will be located in the Mueller neighborhood in East Austin. This new community will provide 132 deeply affordable, service-rich homes...
New Kaia Pointe apartments include affordable housing units in Georgetown
The 102-unit Kaia Pointe apartment complex celebrated a grand opening Nov. 29 at 104 Gatlin Creek Drive, Georgetown. The complex, built by Saigebrook Development, offers 1-, 2- and 3-bedroom units with 78 percent of its units leased at...
Boston Capital investment will create 70 affordable homes for families in Austin, Texas
Boston Capital is investing in the construction of Aria Grand, a 70-unit apartment community for families in Austin, Texas. The developer partners are O-SDA Industries and Saigebrook Development LLC, based in Austin. Located in the Travis Heights neighborhood in...
Bellwether Arranges $23.7M Acquisition Loan for Austin Apartment Community
AUSTIN, TEXAS — Bellwether Enterprise Real Estate Capital LLC has arranged a $23.7 million Fannie Mae acquisition loan for Preserve at Wells Branch, a 308-unit multifamily community in Austin. The community offers one- and two-bedroom units and amenities such as a...
NRP Group, LLC: Freddie Mac continues LIHTC push, invests in Hudson Housing Capital apartment buildings one
Freddie Mac, which recently re-entered the Low-Income Housing Tax Credit market for the first time in nearly 10 years, is continuing its push back into LIHTC investing. The government-sponsored enterprise announced Monday that it closed its first LIHTC Fund with...
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