2 minute read
Spotlight: Palladium East Foster Crossing
Location: 425 E. Foster Crossing Dr. Anna, TX 75409
Palladium East Foster Crossing is a newly constructed affordable housing community featuring 239 units, located in the rapidly growing city of Anna, Texas. The development utilized 4% Housing Tax Credits in collaboration with the Texas Department of Housing and Community Affairs (TDHCA #22405). This community offers 100% affordable units for households earning up to 60% of the Area Median Income (AMI).
Financing for the project includes tax-exempt bonds issued by the Anna Public Facility Corporation and equity from PNC Real Estate. Residents will benefit from modern amenities, such as a resort-style pool, fitness center, clubhouse, and energy-efficient interiors. The community is expected to stabilize by early 2025, with leasing having begun in late 2023 and progress toward full occupancy anticipated by mid-2025.
UNITS & COMPOSITION
239 units / All Units Affordable at 60% AMI
RESIDENT PROFILE
Eligible Families
FUNDING
4% Housing Tax Credits and Tax-Exempt Bonds
AMENITIES
• Resort-Style Pool with Sundeck
• Dog Park
• Landscaped Grounds and Walking Paths
• Fully Equipped Fitness Center
• Clubhouse with Community Space
• Horseshoe Pit
• Energy-Efficient Appliances
• Children’s Playroom
• Modern Interior Finishes
SUPPORTIVE SERVICES
• On-site management support
• Market pantry
• After-school programs
• Health and wellness activities
• Life/soft skills training
• Community events
• Job search assistance
• Rent and utility payment programs
• Financial literacy assistance
• Social services referrals
SPECIAL DESIGN FEATURES
• Open-concept layouts
• ADA-compliant units
• Natural lighting
• Oversized closets
• Designer lighting and fixtures
• 42” cabinets
• Granite countertops
• Undermounted sinks
• Balcony with storage closets
• Kitchen island
Green so Residents Can Save Even More!
Energy Star appliances
High-efficiency HVAC
Low-E windows
LED lighting
Low-flow fixtures
Drought-tolerant landscaping
Smart thermostats
CREDITS
Developer: Palladium USA
Syndicator: PNC Real Estate
Lender: Anna Public Facility Corporation
Architect: HEDK Architects
For More Information Contact: Levi Leddy, Director of Marketing (469) 621-3595
