LIHTC Developments: Lockhart Springs and La Grange
Benefits of the Lockhart Springs and La Grange Projects:
High-Quality Affordable Housing
- Class A amenities with sustainable design.
- Ensures long-term affordability.
- Rigorous tenant evaluation and continuous maintenance.
- Community amenities: fitness rooms, playgrounds, community centers, and on-site maintenance teams.
Economic Impact
- Generates 75 to 100 construction jobs per project.
- Creates 1-2 permanent jobs.
- Increases tax revenue by $20,700 to $23,000 per year.
Sustainable Development
- Use of energy-efficient appliances, insulation, and roofing.
- Modern materials and well-planned site layouts.