Glenwood Trails
About the project
Since 1999, Kilday Realty Corp has been investing in real estate opportunities, with a strong desire to give back to the community through affordable housing development. In the past 19 years, Kilday Realty Corp has developed 1,475 rental units in 13 communities across Texas.
Kilday Realty Corp is headquartered in Houston, TX.
LISC provided $5,000,000 in permanent financing to aid in the Phase II development of Glenwood Trails, a 114‐unit multi‐family affordable housing community located in Deer Park, TX, approximately 20 miles from downtown Houston. The project will include 102 units affordable to families or individuals making 30-60% of AMI or below, and 12 units will be available at market rents. An additional six units will be set aside to accommodate persons with special needs. Highlights of the project include an onsite management office, fitness room, swimming pool, playground, and business center.
Partner:
Kilday Realty Corp
Location:
Houston, TX
Total Investment:
$5.00 million
Results:
114 units
Project Category:
Affordable Housing
Product:
Permanent loan
UN SDGs: