Rehab Loan Approved for 125 Affordable Apartments in South Austin
Austin Housing Finance Corporation approves a loan of up to $4.95 million for Narrow Road Group to rehab 125 affordable apartments in South Austin.
South First Affordable Apartments, a 125-unit rehabilitation of two existing apartment properties at 714 Turtle Creek Blvd and 5609 Cougar Lane, South Austin, has been approved for a city loan of up to $4.95 million. Developed by Narrow Road Group, the project is entirely affordable housing. No architect has been announced.
Construction timeline and completion date remain undisclosed. This development aims to enhance affordable housing availability in the community.
Correction, Oct. 22, 2026: An earlier version of this story described South First Affordable Apartments as a new 125-unit development. The Austin Housing Finance Corporation approved a loan of up to $4.95 million to rehabilitate two existing properties with 125 units in total.
- Address
- 714 Turtle Creek Boulevard & 5609 Cougar Lane, Austin, TX 78745
- Units
- 125
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