NHPF Builds Texas

NHPF BUILDS AUSTIN

As part of NHPF’s mission, we look at markets in need of affordable housing and partners with whom to create it. To be on track to meet its ten-year goal of 60,000 units of affordable housing serving households earning at or below 80% MFI by 2028, Austin needs to have built an additional 10,990 affordable units in this three- year period. Along with Austin Housing Finance Corporation (AHFC) and local developer Capital A, NHPF seeks to help make that happen.

Seabrook Square 3511 Manor Road, Austin, TX 78723 / 204 units

Our first development in the capital of the Lone Star State is Seabrook Square. This new construction project, co-developed with AHFC and Capital A Housing, is currently under construction in the heart of Austin on city-owned land. It will provide 204 much-needed units of affordable housing, ranging from studios to 4-bedrooms. Seabrook Square will be spread across two separate buildings and on-site parking will be provided in a structured garage with 237 parking spaces. The buildings will have laundry facilities and a property management office on-site. In addition to providing affordable housing in a rapidly growing urban area, Seabrook Square will also feature

3,000 square feet of commercial space for two local small businesses: Raasin in the Sun (a local artist and art incubator space) and Origin Studio House (a minority-owned café). The project will also include a public plaza with murals painted by local artists and a rain garden, as well as a community center for local residents.

NHPF BUILDS TEXAS