This partnership with the Austin Habitat for Humanity will create 25 newly-constructed, single-family homes in the Meadow Lake Subdivision in Southeast Austin. A highlight of the partnership between the City of Austin and Austin Habitat for Humanity continues to be Habitat's success in providing ownership opportunities for very low-income households.

Meadow Lake

Development: Meadow Lake Acquisitions
Award Recipient: Austin Neighborhood Alliance for Habitat
Development Profile: Ownership housing; acquisition and new construction.
Total Housing Units: 25
Investment Impact: 25 affordable housing units at 10 years
Affordability: 80% median family income or less. Habitat's goal is to serve families at 25% - 50% MFI.
Location: Bluff Springs & Stoneleigh, Austin, TX 78744
Source of Funding: General Obligation Bonds
Amount Awarded: $452,495
Date approved by AHFC Board: May 14, 2009
Project Status: Construction complete