AUSTIN, TX – LDG Development along with officials from Strategic Housing Finance Corporation of Travis County (SHFC) will gather to celebrate the grand opening of The Paddock at Norwood, a new 228-unit affordable housing apartment community in Austin, Texas.
The Paddock at Norwood features beautiful one, two and three bedroom garden-style homes serving Texas families earning no more than 60% of the area’s median income. Deluxe amenities include a furnished clubhouse, a technical center with complimentary wi-fi, a state-of-the-art exercise facility and a lush outdoor setting complete with a gazebo, playground, picnic benches and permanent grills.
The Paddock at Norwood is within walking distance of Hart Elementary School plus a WalMart Supercenter, The Virginia L. Brown Recreation Center and St. John’s Park.
All units meet the City of Austin Green Standards and have Energy Star appliances which include a washer and dryer, dishwasher, refrigerator, stove and microwave.
This new neighborhood is nestled within 12 acres of flourishing tress and green space located at 1044 Norwood Park Boulevard; Austin, TX; 78753 - Near the Intersection of I-35 and West Anderson Lane/183.
LDG Development wishes to acknowledge the Texas Department of Housing and Community Affairs for its allocation of housing tax credits, Strategic Finance Housing Corporation for their endless support, First Sterling for their equity investment, Citibank for providing the construction and permanent lending, and The Weber Group, Inc for architecture and design. Capstone Real Estate Services is the leasing agency.
Source: LDG Development / #Apartments #Multifamily