Overlooking the skyline of Downtown Austin, this rehabilitated hotel offers 100 single room occupancies (SROs) in addition to offering permanent supportive housing to its residents. The facility features green building amenities and an onsite technology center.
| Development: | Skyline Terrace |
| Award Recipient: | Foundation Communities |
| Development Profile: | Single-room occupancy rental housing. |
| Total Housing Units: | 100 |
| Investment Impact: | 100 affordable housing units at 40 years |
| Affordability: | 50% median family income or less (most residents have incomes below 30% MFI and/or they have been homeless) |
| Location: | 1212 W. Ben White Blvd., Austin, TX 78704 |
| Source of Funding: | General Obligation Bonds |
| Amount Awarded: | $1,516,850 |
| Date approved by AHFC Board: | February 14, 2008 |
| Project Status: | Construction complete |