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).