The NRP Group, in partnership with the Housing Authority of Travis County (HATC), has broken ground on the Catalina 336-unit affordable housing community in Travis County near Austin, Texas.
The NRP Group, a vertically integrated developer, builder, and manager of multifamily housing, has announced the financial close and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. The project is being developed in partnership with HATC and will provide affordable housing for families and working professionals earning between 30% and 70% of the Area Median Income (AMI). Located on a 15-acre site along Cameron Road, Catalina will consist of 12 three-story residential buildings with a mix of one- to four-bedroom homes. In-unit features will include stainless steel appliances, granite countertops, modern cabinetry, vinyl plank flooring and walk-in closets in all units, complemented by Energy Star appliances.
Situated less than 10 minutes from Interstate 35 and approximately 15 minutes from State Highway 130, the community offers convenient access to major employment centers including Samsung's semiconductor operations, Tech Ridge and the EastVillage mixed-use development. In addition, residents will have access to a complimentary shuttle service that provides transportation to grocery stores, pharmacies and other nearby destinations for those without vehicles or facing mobility challenges. Catalina has been designed to promote resident well-being, convenience, and a strong sense of community. The development will feature amenities such as a resort-style swimming pool, a 24-hour fitness center, a business center, a multipurpose community room with a full kitchen, a children's activity room and playground, as well as landscaped green spaces and outdoor seating areas. Residents will also have access to a range of complimentary supportive services, including after-school programs, financial literacy workshops, English as a Second Language (ESL) classes, first-time homebuyer education, and other community-focused initiatives.
The development is backed by a public-private partnership, with financing from Huntington Community Development Corporation, PIMCO, and Berkadia, while the Housing Authority of Travis County contributed US$2 million to support homes for households earning up to 30% of the Area Median Income (AMI).
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