This development will provide 9 newly-constructed rental units for low-income households in Central East Austin near the 12th Street Corridor.

photo of Blackshear Infill Project

Development: Blackshear Infill Rental Project
Award Recipient: Blackshear Neighborhood Development Corporation
Development Profile: Rental housing; acquisition and new construction. This development will provide 9 newly-constructed rental units for low-income households in Central East Austin near the 12th Street Corridor.
Total Housing Units: 9
Investment Impact: 7 affordable housing units at 99 years
Affordability: 1 housing unit at 30% median family income or less, 5 units at 50% median family income
Location #1: 1705 Rosewood Ave., 1905 E. 9th St., 2412 Bryan St., 2414 Bryan St.
Location #2: 2503 E. 9th St., Austin, TX 78702
Source of Funding: General Obligation Bonds
Amount Awarded: Two separate awards of $100,000 each through Rapid Acquisition for Non-Profits category
Date approved by AHFC Board: April 10, 2008
Project Status: Location #1: Completed; Location #2: Six of nine units completed.