{"id":211545,"date":"2026-03-19T15:44:09","date_gmt":"2026-03-19T15:44:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/211545\/"},"modified":"2026-03-19T15:44:09","modified_gmt":"2026-03-19T15:44:09","slug":"new-affordable-housing-community-red-oaks-opens-in-austin","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/211545\/","title":{"rendered":"New Affordable Housing Community, Red Oaks, Opens in Austin"},"content":{"rendered":"

AUSTIN, TX \u2014 The City of Austin and the Austin Housing Finance Corporation (AHFC), in partnership with the Housing Trust Group (HTG), announce the completion of Red Oaks Apartments, a new 70-unit affordable housing community designed to provide high-quality, energy-efficient homes for Austin residents across a range of household sizes. Prospective residents can find more\u00a0information about the new community at https:\/\/www.redoaksapts.com<\/a>.<\/p>\n

Located in the District 6 Anderson Mill area, at 11723 N FM 620 Road, Red Oaks delivers deeply affordable units \u2013 targeting households at or below 30%, 50% and 60 % MFI \u2013 supported through a combination of federal tax credits, private financing, and City of Austin investment through the Rental Housing Development Assistance (RHDA) Program. The community reflects Austin\u2019s continued commitment to creating and preserving affordable housing options for working families and individuals across the city.<\/p>\n

\u201cIn a housing market as competitive as Austin\u2019s, projects like Red Oaks Apartments are essential to ensuring Austinites of all income levels can continue to live and thrive in our city,\u201d said Deletta Dean, Director of Austin Housing. \u201cBy leveraging local tools like the RHDA Program alongside state and private investment, we\u2019re able to expand high-quality, sustainable affordable housing and strengthen the stability of our communities.\u201d<\/p>\n

Krista Laine, Council Member for District 6, agrees, adding that affordable housing is an effective tool at preventing housing instability.<\/p>\n

“As we think about the many ways we approach homelessness and affordability, we know one of the most effective strategies is to prevent housing instability before it begins,” Laine says. “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.”<\/p>\n

Red Oaks Apartments include a mix of studio, one\u2011bedroom, two\u2011bedroom, and three\u2011bedroom units, all designed with modern finishes and resident\u2011focused amenities. Each apartment home features energy-efficient appliances, modern kitchen finishes, vinyl plank flooring, ceiling fans, in-unit washer and dryer, private covered terraces, high-speed internet access, walk-in closets, stainless steel appliances, and quartz countertops.<\/p>\n

\u201cAt Housing Trust Group, we believe that working professionals and families who are the backbone of Austin’s economy deserve high-quality housing options, just like anyone else,\u201d said Matthew Rieger, President and CEO, Housing Trust Group. \u201cRed Oaks\u00a0is a reflection of that commitment \u2014 70 beautifully designed apartments with resort-style amenities.\u201d\u00a0<\/p>\n

Public and private investment\u00a0<\/p>\n

\"Rendering<\/p>\n

Rendering courtesy of the Housing Trust Group (HTG).<\/p>\n

The $26 million development was made possible through a layered financing structure that reflects the City\u2019s commitment to expanding affordable housing options:<\/p>\n

City funding tools such as RHDA help fill financing gaps, allowing affordable housing developments to move forward and remain financially viable while maintaining long-term affordability for residents. This collaboration ensures long-term affordability and supports the City\u2019s strategic housing goals.\u00a0<\/p>\n

Rieger says public-private partnerships like these are critical to addressing Austin\u2019s growing housing needs.\u00a0\u00a0<\/p>\n

\u201cCommunities like this are only possible when the public and private sectors come together around a shared goal, and we’re incredibly grateful to the City of Austin and the Austin Housing Finance Corporation for trusting us to deliver on that promise,\u201d\u00a0says Rieger.\u00a0<\/p>\n

About Austin Housing\u00a0\u00a0
Austin Housing creates and preserves housing opportunities to stabilize communities. To access affordable housing and community resources that help you, visit www.austintexas.gov\/housing<\/a>.\u00a0<\/p>\n

\u00a0
About the Austin Housing Finance Corporation\u202f\u00a0
The\u202fAustin Housing Finance Corporation (AHFC)<\/a>\u202fwas created as a public, non-profit corporation and instrumentality of the City of Austin. The mission of the AHFC is to generate and implement strategic housing solutions for the benefit of low- and moderate-income residents of the City of Austin.\u202f\u00a0<\/p>\n

\u00a0
About Housing Trust Group\u00a0
Housing Trust Group<\/a> (HTG) is an award-winning full-service developer of multifamily residential communities whose real estate transactions exceed $4 billion in commercial, land and residential developments across Florida, Texas, Illinois and Arizona. HTG develops, builds and manages a diverse portfolio of affordable housing, workforce housing, market-rate housing, and mixed-use developments.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTIN, TX \u2014 The City of Austin and the Austin Housing Finance Corporation (AHFC), in partnership with the…\n","protected":false},"author":2,"featured_media":211546,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":{"0":"post-211545","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\/211545","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=211545"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/211545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/211546"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=211545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=211545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=211545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}