Completed Q4 2019 – Legacy Trails of Lindale (Lindale, TX)
Legacy Trails of Lindale is a 76-unit affordable housing development in Lindale, TX. The property was awarded $8,899,040 in tax credits from the Texas Department of Housing & Community Affairs (TDHCA). Sixty-four of the units provide affordable housing for families earning up to 30, 50 and 60 percent of the area median income; the remaining 12 will rent at market rate. The property is located at 505 Sunset Drive. Project is in collaboration with LKC Development.
Completed Q2 2020 – Pegram Landing (Lewisville, NC)
South Creek Development, a Hill Tide Partner, was awarded $6,840,000 in Low Income Housing Tax Credits from the North Carolina Housing Finance Agency for the 60-unit Pegram Landing project in Lewisville, NC. Units are targeted to families at 30%, 50% and 60% AMI.
Completion Scheduled for Q3 2020 – Oklawaha Village (Hendersonville, NC)
Oklawaha Village Apartments consists of 78 one, two and three bedroom apartment units targeted to tenants at 30%, 50%, and 60% of the area median income. The site is designed with the needs and lifestyles of families in mind and the location is oriented near employment hubs and less than 1.1 miles from historic downtown. Housing Assistance Corporation, a Hendersonville-based nonprofit, will be the long term owner of the project. South Creek Development, a Hill Tide affiliate, serves as a consultant on the project.
Completion Scheduled for Q3 2020 – Woodfield Cove (Havelock, NC)
Woodfield Cove, located in Havelock, NC and being developed by South Creek Development, will consist of 72 affordable housing units targeted to families at 40% and 60% AMI. The project was awarded $8,592,000 in Low Income Housing Tax Credits from the North Carolina Housing Finance Agency. South Creek Development is a Hill Tide Partner.
Completion Scheduled for Q4 2020 – Estates at Rockwell (Oklahoma City, OK)
Generation Housing, a Hill Tide Partner, was awarded $7,250,000 in Low Income Housing Tax Credits from the Oklahoma Housing Finance Agency for the Estates at Rockwell, a planned 68-unit affordable housing development. All units are affordable, with an income mix consisting of 28 units at 50% AMI and 40 units at 60% AMI. Generation anticipates closing on the project in June 2019, and 100% construction completion by June 2020.
Completion Scheduled for Q4 2020 – Heritage Heights at Huntsville (Huntsville, TX)
Heritage Estates at Huntsville is a new construction 48 unit senior development located in Huntsville, TX. The development will include a mixture of one bedroom and two bedroom units in 12 fourplex buildings. There will also be a clubhouse and management/leasing office. Unit amenities will include vinyl plank flooring, dishwashers, washer/dryer connections, walk-in closets, and ceiling fans. The clubhouse will include a fitness room, business center, community room with kitchen and lobby fireplace.
Completion Scheduled for Q1 2021 – Legacy Trails of Decatur (Decatur, TX)
Legacy Trails of Decatur is a 2018 TX 9% transaction. The project is a 77-unit new construction affordable senior housing development located in Decatur, Texas. The development targets seniors in the 30%, 50% and 60% Area Median Income ranges. The development is a result of a partnership between Hill Tide Partners and Salem Clark Development.
Completion Scheduled for Q2 2021 – Tranquility at Hope School (Marianna, FL)
In 2018 the Florida Panhandle was devastated by Hurricane Michael, the fourth strongest hurricane to make landfall in the U.S. In 2019, Florida Housing requested applications for HOME Investment Partnership Program funding from developers who were committed to rebuilding housing in the counties most impacted by the hurricane. Timshel Development Group and East Lake Community Development were awarded HOME funding and are extremely excited to develop Tranquility at Hope School, a beautiful apartment community in Marianna, FL just south of I-10. The community will have two residential buildings with a total of 30 three bedroom, two bath units and will have many desirable features for families, including: a splash pad, picnic pavilion, playground and a community building with a business center, fitness center, and various resident services. The entire community will be ICC 700 National Green Building Standard Certified and will have energy-star appliances, windows, ceiling fans and light fixtures. Tranquility at Hope School will be a wonderful community for many families to call home and is expected to open in late spring or early summer of 2021.
Completion Scheduled for Q3 2021 – The Estates At Shiloh (Dallas, TX)
The Estates at Shiloh is a 264 unit apartment community located in Dallas, Texas, approximately nine miles northeast of city center. The community is a 55+ active community consisting of studio, one and two bedroom apartment units targeted to tenants at 30%, 50%, and 60% of area median income. The site is designed with the needs and lifestyles of active seniors in mind, offering a swimming pool, fitness center, full kitchen for events and an equipped business center. The strategic location offers quick access to the areas extensive transportation system linking Dallas to Austin, San Antonio and Houston. Generation Housing Development, a Hill Tide partner, worked in collaboration with The Dallas Housing Finance Corporation to acquire funding for the project.
Completion Scheduled for Q4 2021 – Heritage Heights at Abilene (Abilene, TX)
Heritage Estates at Abilene is a new construction 48 unit senior development located in Abilene, TX. The development was recently awarded 2019 9% LIHTC’s from the state of TX. The development will include a mixture of one bedroom and two bedroom units in one three story elevated building that will include the management/leasing office. Unit amenities will include vinyl plank flooring, dishwashers, washer/dryer connections, walk-in closets, and ceiling fans. The clubhouse will include a fitness room, business center, community room with kitchen and lobby fireplace.
Completion Scheduled for Q4 2021 – Heritage Heights at Big Spring (Big Spring, TX)
Heritage Heights at Big Spring is a 2019 TX 9% transaction. The project is a proposed 66-unit new construction affordable senior housing development located in Big Spring, Texas. The development is to be an elderly-limitation property targeting seniors in the 30%, 50% and 60% Area Median Income ranges. The development is to consist of 17 buildings that will contain all of the residential units.