CBS Austin News is reporting that TAAHP member Texas Capital Bank is the first bank to invest in Affordable Central Texas’ vision to buy existing local apartment communities with the goal of keeping the rents affordable.
From Community Impact The City of McKinney approved a rezoning request by TAAHP member The NRP Group to build affordable housing near the southeast corner of Collin McKinney Parkway and Craig Drive. The NRP Group is planning for a 206-unit affordable housing community...
AMTEX will host a groundbreaking ceremony for Green Oaks Apartments, an affordable multifamily housing development located at 1475 Gears Road, Houston, on Nov. 14 at 10 a.m.. AMTEX affordable housing Green Oaks Apartments Development is designed to close the substantial shortage of affordable housing units in Houston.
Cohen-Esrey Development Group Closes on $26 Million in Funding for Texarkana Hotel Grim Redevelopment
MEMBER IN THE NEWS: Cohen-Esrey Development Group closed on the financing of the $26 million redevelopment of the Grim Hotel in Downtown Texarkana.
From Good News Network Wells Fargo has committed to donating $1 Billion to non-profit organizations that develop affordable housing across the United States over the next six years. This comes after the bank donated $444 million to affordable housing non-profit...
The development will include 183 units that will be available to residents earning incomes in the low $20,000 to low $40,000 range per year.
MEMBER IN THE NEWS: Pedcor Cos. is developing two affordable apartment communities in San Antonio along with San Antonio Housing Trust Public Facility Corp.
The NRP Group celebrated the grand opening of its second affordable housing development, name the Bridge at Harris Ridge, in Austin since 2017.
Joy Horak-Brown, president & CEO of New Hope Housing, and a TAAHP member, was recognized last week as one of the Most Admired CEOs in Houston by the Houston Business Journal. HBJ recognized 59 for-profit and nonprofit CEOs for their “professional accomplishments, community involvement, philanthropic efforts and other exemplary qualities,” as determined by an independent panel of judges. There were more than 300 nominations.
From Connect Texas DMA Development Companies unveiled plans for its next mixed-income apartment complex, Talavera Lofts, which will be built west of the Saltillo commuter rail station on Austin’s east side. The five-story, 100-unit project at East 5th and Navasota...