A partnership led by multifamily developer The NRP Group has begun construction on an affordable housing development near Austin, Texas, as area rents slide after posting some of the largest gains in the country just a few years ago.
Austin Affordable Housing Development Kicks Off in Bet That Market Rents Will Rebound
NRP Group-Led Project Is Expected To Open in 2026
By Jon Leckie
CoStar News
August 15, 2024 | 7:06 P.M.
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IN THIS ARTICLE
- Properties
- The Markson
5313 Vega Ave, Austin, TX
- Station 42
801 WS Young Dr, Killeen, TX
- Companies
- The NRP Group
Real Estate