Affordable Housing Coming Soon to Austin, TX
The NHP Foundation’s first development in the capital of the Lone Star State is Seabrook Square. This new construction project, co-developed with the Austin Housing Finance Corporation (AHFC) and local developer Capital A Housing, is currently under construction in the heart of Austin on city-owned land. It will provide 204 much-needed units of affordable housing, ranging from studios to 4-bedrooms. Seabrook Square will be spread across two separate buildings and on-site parking will be provided in a structured garage with 237 parking spaces. The buildings will have laundry facilities and a property management office on-site.
In addition to providing 204 units of affordable housing in a rapidly growing urban area, Seabrook Square will also feature 3,000 square feet of commercial space for two local small businesses: Raasin in the Sun (a local artist and art incubator space) and Origin Studio House (a minority-owned café). The project will also include a public plaza with murals painted by local artists and a rain garden, as well as a community center for local residents.
The project closed in late August 2023, with construction scheduled to be completed in mid-2026.