Meadow Apartments

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Project Description

Meadow Apartments is a 288-unit affordable multi-family community located on 14.28 acres  in Austin, Texas.

AMTEX Multi-Housing LLC is partnering with the Travis County Housing Finance Corporation (“TCHFC”) to bring these much-needed affordable units to the market. Meadow Apartments represents the fourth partnership between AMTEX and TCHFC, having previously successfully worked together on McKinney Falls Apartments, Limestone Ridge, and Spring Villas.

Meadow Apartments will provide 288 total apartment homes with a mix of one-, two-, three-, and four-bedroom units. The development will provide 15 units (5%) at or below 30% of the Area Median Income, 271 units at or below 60% of the Area Median Income, and two Manager Units to ensure a 24/7 presence at the property.

As the property will serve families with school aged children, AMTEX will partner with Community Housing Resource Partners (“CHRP”) to put in place an after school tutoring program for children living at the property. CHRP is a nonprofit dedicated to developing quality, affordable housing where built-in social services empower low-income residents to grow and prosper. In addition to the after school tutoring program, AMTEX and CHRP, in coordination with Mayfair Management, will conduct a resident needs assessment during the lease-up process which will identify other on-site supportive services that can be tailored to meet the specific needs of the residents at Meadow Apartments. Such services for families typically include job readiness programs, financial literacy resources, and health programs at no additional cost to the residents. Through this support, CHRP promotes self-sufficiency, education, health and wellness, and stable communities.

In addition to the supportive services provided on-site at no additional charge to the residents, the property will also feature a school bus turnaround to allow for safe boarding and unloading, a laundry facility, business center, playground for children, dog park, and swimming pool.


Property type: Affordable

Year Anticipated Completion: 2024
No. Units: 288
Developer:
AMTEX Multi-Housing, LLC
Architect:
HEDK

LOCATION

Location