The City of Austin is celebrating the completion of the Red Oaks Apartments in North Austin, a new 70-unit affordable housing community.
The city announced the news in a Thursday press release. According to the bulletin, the community is located at 11723 N FM 620 Rd. in District 6’s Anderson Mill area. It features “deeply affordable units” that target households at or below 30%, 50%, and 60% of the median family income.
Red Oaks features a mix of studio, one-bedroom, two-bedroom, and three-bedroom units, all designed with modern finishes and resident-focused amenities. That includes energy-efficient appliances, modern kitchen finishes, vinyl plank flooring, in-unit washer and dryer, private covered terraces, and more.
This is all made possible through a combination of federal tax credits, private financing, and the City of Austin investment through the Rental Housing Development Assistance Program.
“In a housing market as competitive as Austin’s, projects like Red Oaks Apartments are essential to ensuing Austinites of all income levels can continue to live and thrive in our city,” said Austin Housing Director Deletta Dean. “By leveraging local tools like the RHDA Program alongside state and private investment, we’re able to expand high-quality, sustainable affordable housing and strength the stability of our communities.”
District 6 City Council Member Krista Laine said, “As we think about the many ways we approach homelessness and affordability, we know one of the more effective strategies is to prevent housing instability before it begins.”
She continued, “Developments like Red Oaks are so important to our communities because they create options for working families, seniors, and neighbors who might otherwise be pushed further and further out of Austin or into crisis.”