Jul 14, 2021
Affordable housing pair to rise in San Antonio
SAN ANTONIO – Cleveland-based the NRP Group is building two affordable housing properties totaling 666 units. Seven07 Lofts will offer 318 units in one- to four-bedroom floor plans that will be restricted to renters earning...
SAN ANTONIO – Cleveland-based the NRP Group is building two affordable housing properties totaling 666 units.
Seven07 Lofts will offer 318 units in one- to four-bedroom floor plans that will be restricted to renters earning between 40 and 70 percent of the area median income. Amenities will include a fitness center and pool.
Frontera Crossing will total 348 residences with the same unit configurations and rental restrictions.
The San Antonio Housing Facility Corp. is co-developing the properties.
Community Development Lending and Investment secured $46.6 million in financing for Seven07 Lofts and $60.6 million for Frontera Crossing.
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