Texas Affordable Housing Magazine 2016

Page 31

The Cottages at South Acres

IT REALLY DOES MATTER WHO YOU CHOOSE AS A PARTNER.

Hudson Housing Capital has long served as a trusted financial partner to tax credit investors and developers alike. Our track record of delivering results continues to attract a growing stream of investor capital. Hudson has consistently provided capital to its partners through these challenging financial times. While Hudson Housing Capital has the experience and depth of management to understand the most complicated opportunities, it is the simple things that set us apart: care in dealing with our partners, thorough underwriting and meticulous asset management. And private ownership that understands the value of building relationships for the long term. Talk to those who have worked with us. It really does matter who you choose as a partner.

www.hudsonhousing.com Hudson Housing Capital LLC 630 Fifth Avenue, Rockefeller Center, 28th Floor, New York, NY 10111 Tel: 212.218.4488 | Fax: 212.218.4467 7545 Irvine Center Drive, Suite 200 Irvine, CA 92618 | Tel: 949.623.8563 525 B Street, Suite 1500, San Diego CA 92101 | Tel: 619.297.6500 7535 Little River Turnpike, Suite 204, Annandale, VA 22003 | Tel: 703.639.0880 100 Cummings Center, Suite 433A, Beverly, MA 01915 | Tel: 978.236.4252 980 N Michigan, Suite 1400, Chicago, IL 60611 | Tel: 312.214.6312

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Texas Affordable Housi ng M agazi ne

South Acres Ranch has received numerous awards including a Special Congressional Certificate of Recognition from U.S. Congressman Al Green, a Landmark Award of Special RecogThe Cottages at South Acres consists of 116 nition from the Houston Business Journal and first class one and two bedroom rental units and an Honors Award from the Houston Apartment 28 four bedroom single-family rental homes with Association in the affordable housing category. deluxe amenities including attached garages for all units. Since 1994, through various affiliates, HettigKahn Development has been involved in numerThe development is an addition to the previous successful LIHTC developments containing ously completed highly successful South Acres several thousand affordable units with Hudson Ranch community consisting of 128 of the Housing Capital, LLC, Capital One and the City of single-family rental homes. With a blend of one Houston who have provided equity and/or debt and two bedroom units, the addition appeals to for most of these communities. the parents or other extended family members of families living in the four bedroom houses. The company is professionally managed by Hettig Management Corp. The development is well located on Scott Street approximately three miles to the north of Beltway 8 near the 288 corridor in south Houston with easy access to the medical center and downtown. The community appeals to residents at various income levels with units priced for 30%, 50%, and 60% of area median income (AMI) and has approximately 29% market rate units. The Cottages at South Acres 11005 Scott Street Houston, Texas 77047

Texas Affo rd abl e Housing Magazine

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