This tax credit mixed-income development for seniors offers a variety of amenities including proximity to major retail and transit centers.

 

Development: Wildflower Terrace
Award Recipient: DMA Development Co
Development Profile: Senior rental housing; acquisition and new construction.
Total Housing Units: 201
Investment Impact: 86 affordable housing units at 99 years
Affordability: 100% seniors; 26 units at 30% median family income or less, 60 units at 50% median family income or less
Location: Robert Mueller Municipal Airport Redevelopment, Austin, TX, 78723
Source of Funding: General Obligation Bonds
Amount Awarded: $2,000,000
Date approved by AHFC Board: December 10, 2009
Project Status: Construction complete.