| Affordable housing to EaDo | Affordable housing to EaDo | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=20495 | 2018-07-02T05:00:00Z | 2018-07-02T21:00:00Z |  HOUSTON – A new 80-unit, four-story building offering only affordable apartments will soon rise on a city block at the corner of Coyle St. and Napoleon St. in east downtown.
Apartments will range from one- to three-bedroom units with rents ranging from $421 to $1,168, based on the unit type and income of residents compared to the area median income.
EaDo Lofts, an $18.4 million construction project, qualified for a low-income-housing tax credit from the Texas Department of Housing and Community Affairs and will receive $1.5 million a year in tax credits for ten years.
The company closed on the 1.34-acre site it bought for a little under $3 million in June 2018, and estimates the project will take about 14 months to complete.
Common amenities will include a pool, fitness center, club room, and business center with computers. | Houston Business Journal
| Houston-The Woodlands-Sugar Land
| Multifamily
| https://www.bizjournals.com/houston/news/2018/06/29/new-affordable-housing-apartments-coming-to-eado.html | | | Check out Houston-The Woodlands-Sugar Land Multifamily Market Research.
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