NRP Debuts 318-unit Austin Affordable Community, Bridge at Estancia

  • 11/1/2024

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The NRP Group, in partnership with the Housing Authority of the City of Austin, has opened Bridge at Estancia, a 318-unit fully affordable community in Austin, Texas.

Hudson Housing Capital provided a $20 million housing tax credit investment for the development, while Bellwether Enterprises and Deutsche Bank supplied construction and permanent financing. In December 2021, the Austin Affordable Public Facility Corp. issued $57.9 million in Multifamily Housing Revenue Bonds with BOKF Bank serving as the trustee.

The NRP Group
Jason Arechiga | SVP, Development-Texas

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