Upland Apartments

The Upland Apartments is a 311-unit multifamily development located at Tech Ridge Boulevard and Interstate 35 in Austin. It was developed in partnership between TCFC and Embrey Partners, with TCFC having an ownership interest per Resolution No. TCFC-2020-03. To provide affordable workforce housing, 50% of the units (156 units) are reserved for tenants earning up to 80% of the area median income in Travis County. The remaining 155 units are rented at market rates. TCFC assisted in the development as a co-developer and general contractor. This project has been completed and the affordable units must be priced at least $200 below comparable market rate units as required by TCFC's agreement with the Housing Authority of Travis County.

Details

Address
12217 N IH 35 SVR NB, Austin, TX
Program
Workforce
Type
Affordable Housing
Status
COMPLETED
Units
311
UNITS

Documents

Resolution No. TCFC-2020-03

May 7, 2020

To authorize negotiation of a Memorandum of Understanding and related documents for Travis County Facilities Corporation's participation in developing affordable housing at Tech Ridge Apartments in Austin.

Affordability

30% AMI
0
UNITS
38% AMI
0
UNITS
40% AMI
0
UNITS
46.25% AMI
0
UNITS
60% AMI
0
UNITS
70% AMI
0
UNITS
80% AMI
156
UNITS
Market
155
UNITS
Total
311
UNITS