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