Affordable Housing Preserved Near the Domain through Austin Housing Finance Corporation Acquisition
AUSTIN, TX – The Austin Housing Finance Corporation (AHFC) announces the acquisition of Twelve100, a multifamily property near the Domain and along the Northern Walnut Creek Trail. Located at 12100 Metric Boulevard, this strategic acquisition preserves and enhances affordability near major job and entertainment centers.
“Twelve100 marks our largest acquisition yet and a huge win for affordability in North Austin,” explains Mandy DeMayo, Interim Director for the Housing Department and Treasurer of AHFC. “We are grateful to our partners who make such affordability wins possible.”
AHFC partnered with the Texas Housing Conservancy and Civicap Partners for the acquisition, which supports long-term affordability as well as provide programs to build community and improve resident outcomes. With a large multifamily property in the AHFC portfolio, the City of Austin can ensure access to affordable rent for the area for years to come.