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The New Braunfels Housing Authority, or NBHA, is working to bring more affordable housing options to the city with three new projects.
What we know: During an April 6 special New Braunfels City Council meeting, NBHA Executive Director Henry Alvarez said Villa Serena—a low-income housing development at 109 Rosa Parks Drive—is reaching “economic obsolescence.” As a result, the authority is looking at using the Rental Assistance Demonstration, or RAD, Program to help reposition 35 units on the 16-acre property and add about 360 units next to the New Braunfels Food Bank.
A second project, named Lyndon Ranch Apartments, is also in the works. The Lyndon Ranch Apartments would be located on a 13-acre parcel at 1801 Loop 337. The 303-unit, 3-story housing project developed by Paravel Capital would offer a mix of market rate and affordable one-bedroom, two-bedroom and three-bedroom units 80% below the average median income.
The third development project NBHA officials are working on is Park at Dogwood, which would be located along Old McQueeney Road.
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