SPRING – Lincoln Avenue Capital has unveiled plans for Oakwood Trails, a low-income multifamily development at 6131 Louetta Rd.
The 4 percent tax credit application apartment complex will be available for seniors age 62 and older.
The project will have 203 one- and two-bedroom apartments available. Monthly rents will range from $1,003 to $1,206.
Construction is expected to begin in first quarter 2024, with opening expected first quarter 2026.