Austin getting to The Point at Ben White with 250 unitsAustin getting to The Point at Ben White with 250 unitshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=32272014-08-29T11:34:00Z2014-08-29T00:00:00Z

AUSTIN - An affordable apartment housing project with 250 units valued at $37.6 million is in the works for 7000 E. Ben White Blvd.

The Point at Ben White, located northwest of Austin-Bergstrom International Airport, is being developed by LDG Multifamily LLC.

The community, which should be complete by December 2015, includes 12 three-story buildings for a total of 250 units. Qualified residents must be make 60 percent or less of the median area income or $51,000 annually.

Rents will range from $704 per month for a one-bedroom apartment to $844 per month for a two-bedroom unit to $944 per month for a three-bedroom unit.

Market value rents in the area by comparison are $900 a month for a one-bedroom unit, $1,100 for a two-bedroom and $1,350 a month for a three-bedroom.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/08/affordable-housing-project-in-works-near-abia.htmlRead more at {Source}

 Search NewsTalk Texas