Texas Community

AT Villages at Cypress, Harris Co., Texas

AT Villages at Cypress

AT Villages at Cypress is a unique mixed-income community in the Houston area. The 7.2-ac. site will include 162 senior apartments (22 dua), and the design is a contemporary exterior.

15 market-rate units are included. The affordable units are funded by an allocation of $14,839,000 in 9% Low-Income Housing Tax Credits in 2011 and by $320,000 from the Harris County Finance Corp.

The site is located near a bus line, park, health clinic and market.

Construction is Type V wood with 1-level buildings with attached garages and a larger 3-level building with detached garages. Total parking is 207 spaces of garage and surface.

Amenities include a large community room with a computer lab, library, conference room and theatre. Outdoor amenities include a pool and bicycle storage.

Affordable program: 16 units – 30% AMI, 60 units – 50% AMI, 70 units – 60% AMI.

Photos

Gallery coming soon

Year Built

2014

Type

Senior

No. Units

162

Total Cost

$20,472,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Mucasey & Associates

Financing

Equity

$14,839,000 TBD

Construction

$15,650,000 TBD

Permanent

$5,176,000 TBD

Agency

Non-Profit

TBD