{"id":183486,"date":"2026-02-27T20:43:06","date_gmt":"2026-02-27T20:43:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/183486\/"},"modified":"2026-02-27T20:43:06","modified_gmt":"2026-02-27T20:43:06","slug":"mixed-income-housing-breaks-ground-at-former-east-austin-school-site","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/183486\/","title":{"rendered":"Mixed-income housing breaks ground at former East Austin school site"},"content":{"rendered":"<p>AUSTIN, Texas \u2014 Austin ISD and The NRP Group broke ground Friday on a mixed-income housing development on the site of a former East Austin school.<\/p>\n<p>The ceremony took place at 4812 Gonzales Street, the 18-acre site of the former Anita Ferrales Coy school. Phase 1 of the project will include 341 units across two multi-story buildings.<\/p>\n<p>Half of the units will be rent and income-restricted. Ten percent will be reserved for households earning up to 60% of the Area Median Income, with another 40% set aside for those earning up to 80% AMI. The remaining units will be offered at market rate.<\/p>\n<p><a href=\"https:\/\/cbsaustin.com\/news\/local\/donated-jeans-become-hammocks-for-raccoons-at-austin-wildlife-rescue\" target=\"_blank\" rel=\"nofollow noopener\">ALSO | Donated jeans become hammocks for raccoons at Austin Wildlife Rescue<\/a><\/p>\n<p>The project is specifically designed to house essential workers, including AISD teachers, bus drivers and staff.<\/p>\n<p>&#8220;This development is designed to expand quality housing options for cost-burdened residents and essential workers,&#8221; The NRP Group said.<\/p>\n<p>Speakers at Friday&#8217;s groundbreaking included Austin City Council Member Jose Velasquez of District 3, AISD Superintendent Matias Segura, and representatives from project financial partners Goldman Sachs and Clarion Partners.<\/p>\n<p>The site sits within a federally designated Opportunity Zone, a classification established under the Tax Cuts and Jobs Act of 2017 intended to encourage investment in historically underserved communities.<\/p>\n<p>Plans for the development include a publicly accessible green space with preserved heritage trees, walking paths, and art installations from local artists, alongside resident amenities including a pool, fitness center and co-working lounge.<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, Texas \u2014 Austin ISD and The NRP Group broke ground Friday on a mixed-income housing development on&hellip;\n","protected":false},"author":2,"featured_media":183487,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":{"0":"post-183486","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/183486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=183486"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/183486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/183487"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=183486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=183486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=183486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}