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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.