Affordable housing to EaDoAffordable housing to EaDohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=204952018-07-02T05:00:00Z2018-07-02T21:00:00Z
Rendering of EaDo Lofts.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

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