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Affordable housing project slated for Channelview

​CHANNELVIEW – ​​LDG Multifamily LLC and HCHA Redevelopment Authority Inc. are developing the Hollows Apartments.

The 7.5-acre, 192-unit a​ffordable housing community will have 36 one-bedroom, 84 two-bedroom, and 72 three-bedroom floor plans. Units are restricted to households earning up to 30, 50, and 70 percent of the area median income. 

Construction begins in ​September and wraps up in March 2022.

Hunt Capital Partners has provided $9.8 million in federal low-income housing tax credit equity financing. 

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​Source: ​REBusiness Online

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