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Construction starting on Lake Park Townhome ApartmentsConstruction starting on Lake Park Townhome Apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=152752016-11-18T06:00:00Z2016-11-18T17:00:00Z

​​​​​PEARLAND – Funding Incorporated has closed on a $41.9 million construction and permanent mortgage through FHA's 221(d)(4) program for a 247-unit ​multifamily community.

Lake Park Townhome Apartments will be built on 30 acres at 1555 Cullen Blvd.

The loan amount is for 80 percent of the project's total development cost.​

Construction will begin immediately and be completed by spring 2018.

Funding Incorporated
Houston-The Woodlands-Sugar Land
Multifamily
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