Posted Oct 14, 2025, 6:12 PM
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
Posts: 14,002
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'Shovel-ready:' Austin ISD nears groundbreaking on affordable apartment community
Quote:
Austin ISD is one step closer to building affordable housing for its staff and community members in East Austin.
At an Oct. 7 meeting, the AISD Public Facility Corporation, or PFC, approved construction of the first of two income-restricted apartment buildings near East Seventh Street and Airport Boulevard. Developers are expected to break ground on the 341-unit East apartment building in December for a projected completion date of 2028, said Nick Walsh, vice president of development for The NRP Group.
"We are shovel-ready," Walsh said. "We are about one and a half months out from putting our shovels in the ground on the first phase.
AISD will build a 675-unit affordable housing community and a new Alternative Learning Center at an 18-acre site in East Austin. The property houses the district’s Anita Ferrales Coy Facility, where the current Alternative Learning Center, a Disciplinary Alternative Education Program, is located.
At the new multifamily development, about half of the units will be income-restricted at 60% or 80% of the area median income, or AMI. The developer will give priority to leasing units to AISD teachers and staff when they become available in 2028, according to district information.
The NRP Group is expected to seek the district’s approval to develop the West apartment building in four to six months, he said.
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