NRP Group JV Opens Texas Affordable Community, Centro35, developer added another 330 units to its portfolio

  • 11/11/2024

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The NRP Group, together with Capital Area Housing Finance Corp., has opened Centro35, a 330-unit affordable community in San Marcos, Texas. The property will house residents earning up to 60 percent of the Area Median Income.

This completion comes on the heels of NRP’s most recent addition in Austin, Texas—the 318-unit Bridge at Estancia.

Centro35 came online with the help of tax credit equity from Huntington Community Development Corporation and permanent financing procured by Bellwether Enterprises and Deutsche Bank.

The NRP Group
Jason Arechiga | SVP, Development-Texas

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