Boyce Parmer Apartments will be a mixed income affordable housing community comprised of +-280 new living units on +/-20.0 useable acres at the intersection of Boyce and Parmer Lane, Austin ETJ, Travis County, Texas 78653. The residential units will be marketed to families earning 30% to 60% of the area median incomes. The development will offer housing convenient to the fast-growing East Austin area, all accessible to Hwy 71 and Hwy 290 from TX 130/45. This site is an SADDA with good schools and amenities in reasonable driving distance down Parmer or North on TX 130. The City of Austin has published a report calling for more than 40,000 new affordable housing units as soon as possible.
Boyce Parmer Apartment Homes will offer residents more than a roof over their head. The community provides family supportive services like student achievement reading programs, adult education, homebuyer education, counseling services, credit education classes, health and nutritional courses, latchkey programs for school age children and other appropriate programs, at no additional cost to residents
|Studio (Studio/1)||560||From $663 To $806|
|1 Bedroom (1/1)||732||From $706 To $859|
|2 Bedroom (2/2)||1,063||From $841 To $1,024|
|3 Bedroom (3/2)||1,260||From $966 To $1,178|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.