Realty News Report, August 28, 2015                                            

Avenue Community Development Corporation (Avenue CDC) has broken ground on Avenue Terraces, 48 new mixed-income apartments at 4300 Irvington Boulevard in Houston’s Near Northside neighborhood. Construction financing is being provided by Capital One, N.A. and tax credit equity financing is being provided through the National Equity Fund.

“We are very excited to break ground on the new Avenue Terraces apartments,” says Mary Lawler, Executive Director of Avenue CDC. “Currently, we have long waiting lists on many of our developments; Avenue Terraces will provide much-needed affordable housing in the Near Northside and will be a welcome addition to the community.”