This acquisition and rehabilitation project in the Pecan Springs Neighborhood will revitalize and provide decent affordable rental housing in an area that had been adversely affected by absentee landlords and minimal property maintenance. Once completed, this development will provide housing to individuals and families that might otherwise be homeless.
| Development: | Pecan Springs Commons (formerly Sweeney Circle) |
| Award Recipient: | Green Doors |
| Development Profile: | Rental housing; acquisition and rehabilitation. |
| Total Housing Units: | 74 |
| Investment Impact: | 74 affordable housing units at 99 years |
| Affordability: | 50% median family income or less |
| Location: | 5800, 5801, 5802, 5803, 5804, 5805, 5807, 5809, and 5811 Sweeney Circle; 2907 Sweeney Lane; & 5715 Manor Road, Austin, TX 78723 |
| Source of Funding: | General Obligation Bonds |
| Amount Awarded: | $2,791,158 |
| Date approved by AHFC Board: | August 6, 2009 |
| Project Status: | Completed August 2013 |