Havenwood of Maple Grove aerial, by Graddy Photography

Affordable Housing Expansion in Texas 

MINNETONKA, MINN., — July 30, 2021 — Roers Companies is expanding into the Lone Star State with a 300-unit affordable housing complex in Hutto — with more projects potentially on the way for Central and North Texas.

The three-story complex, tentatively named The Narrows Apartments, will be federally subsidized as Section 42 housing. The program allows developers to sell tax credits in return for keeping rents restricted to a certain level.

The planned apartments would feature in-unit laundry machines and stone countertops, while amenities would include outdoor playgrounds, a fitness center and yoga room, swimming pool, business center and dog run.

Read the full article covered by the Austin Business Journal (here).

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