Austin Breaks Ground for 208 Affordable Homes in Districts 3 and 4: Bailey at Berkman and Bailey at Stassney

For anyone experiencing homelessness in the Austin/Travis County area, a Coordinated Assessment (CA) is a good first step on the path to services and housing. The CA is a housing needs evaluation where anyone experiencing homelessness in Austin/Travis County can apply for the majority of our community’s housing programs. For an up-to-date list of agencies that offer CAs, visit www.austinecho.org/gethelp. 

AUSTIN, TX – Austin Housing and the Austin Housing Finance Corporation celebrate the groundbreaking of Bailey at Berkman and Bailey at Stassney, totaling 208 new affordable rental housing units in Districts 3 and 4 in Austin. Both sites will be developed by National CORE with partner Diva Imaging LLC and consultant Structure Development.

“This community reflects our commitment to expanding deeply affordable housing options for Austinites,” explains Deletta Dean, Austin Housing Director. “The Bailey at Berkman and Bailey at Stassney communities will help ensure that our most vulnerable neighbors have a stable foundation and a path forward with access to housing and support services.”

Both communities support the City’s ongoing efforts to expand affordable housing and permanent supportive housing. Through strategic investments and partnerships, the City continues to prioritize developments that pair housing with access to critical services and community resources.

“We are incredibly excited to see Bailey at Berkman and Bailey at Stassney come to fruition”, says Ariana Brendle, Vice President of Acquisitions for National CORE. “As an Austin resident myself, it means so much to be part of developments that will provide stable, affordable housing opportunities for people in our own community. These communities came together through strong collaboration and support from many partners, especially the City of Austin, which played a major role in helping bring them to life. As a national nonprofit developer, National CORE is excited to continue building high-quality affordable housing communities and making a lasting impact in neighborhoods across Austin.”

Bailey at Stassney

Bailey at Stassney, a 104-unit affordable rental housing community located at 5516 Humming Bird Lane in District 3, will offer studio and one-bedroom apartments to households earning 30%, 50%, and 60% the median family income (MFI).

• 52 studio apartments

• 52 one-bedroom apartments

Twenty-six apartments will be designated as Continuum of Care (CoC) units for residents who have experienced homelessness or were at risk of becoming homeless, individuals with physical, intellectual, or developmental disabilities, youths aging out of foster care, people transitioning out of institutionalized care, and individuals unable to secure permanent housing elsewhere due to high barriers.

The site received $5.6 million from the Rental Housing Development Assistance Program through the 2022 General Obligation (GO) Bonds. Developed by National CORE and Structure Development, the 2.36-acre community will be located near multiple transit stations, grocery stores, shops, restaurants, parks, and an elementary school.

Residents at Bailey at Stassney will enjoy a fitness center, community room with computer lab, onsite laundry facilities, bicycle storage area, offices, and activity space for supportive services and an outdoor covered terrace.

Anticipated completion date is Summer 2027. Applicants interested in living in the community can stay informed by National CORE. 

Bailey at Berkman

Bailey at Berkman, a 104-unit affordable rental housing community located at 6405 Berkman Drive in District 4, will provide studio apartments to households at or below 30%, 50%, and 60% of the area median income (AMI) with 26 dedicated Continuum of Care (CoC) units for individuals experiencing chronic homelessness or at risk of homelessness. The property will be less than one mile from a high-frequency transit stop and offer on-site support services provided by the Hope Through Housing Foundation.

The site utilized the City’s Affordability Unlocked Program, 9% Low-Income Housing Tax Credits (LIHTC), and received $5.5 million from the Rental Housing Assistance (RHDA) Program from Downtown Density Bonus funds and a $1 million acquisition loan at a 2.5% rate with a 1-year term through the Housing Accelerator Loan Fund.

The Housing Accelerator Loan Fund provides affordable housing developers with low-cost loans for short-term needs. The Fund has successfully disbursed 13 loans to date, totaling more than $20 million to create more than 1,500 new units in the Austin area.

The property will be developed and owned by National CORE with partner Diva Imaging LLC and consultant Structure Development. Construction began Summer 2025, with an anticipated completion date of Summer 2027.

Residents at Bailey at Berkman will enjoy a clubhouse featuring a fitness center, business center with computer workstations, community lounge spaces, a kitchenette and resident services offices.

To learn more about homelessness in Austin, please visit www.austintexas.gov/homelessness.

Resources for affordable housing are available online at www.austintexas.gov/housing. 

About Austin Housing

Austin Housing creates and preserves housing opportunities to stabilize communities. To access affordable housing and community resources that help you, visit www.austintexas.gov/housing.

About the Austin Housing Finance Corporation

The Austin Housing Finance Corporation (AHFC) was created as a public, non-profit corporation and instrumentality of the City of Austin. The mission of the AHFC is to generate and implement strategic housing solutions for the benefit of low- and moderate-income residents of the City of Austin.

About National CORE

National CORE is one of the largest housing developers in the nation, with a 30-year history of being an innovator in the field. In 2021 National CORE became one of only two affordable housing developers to earn an A+ credit rating from Standard & Poor’s Global Ratings. In 2022, National CORE issued $100 million in Series 2022 Social Bonds to accelerate the development of critically needed housing. Serving 30,000 residents, National CORE strives to be a launching pad, not a landing pad, for families struggling financially. In 1998, National CORE created the Hope through Housing Foundation, a philanthropic nonprofit whose mission is to end the cycle of generational poverty through resident services that promote educational attainment, economic mobility and overall well-being.