The Housing Authority of the City of El Paso, Hunt Companies, and Investment Builders, Inc., broke ground on Eastside Crossings, El Paso’s first mixed-income, mixed-finance apartment community. The property will feature 188 units of conventional public housing, Low-Income Housing Tax Credit and market rate units, all built to LEED Silver energy efficiency standard, as well as amenities for all of the residents including a clubhouse with a fitness center, a swimming pool, BBQ grills, walking trail, covered playground, and covered parking spaces. “This property is the wave of the future in our strategy to leverage federal and state tax dollars to provide housing to the full economic range of families in a place everyone can be proud to call home,” said HACEP CEO Gerald Cichon. Construction of the $22 million community is slated for completion in Fall 2014. Read HACEP’s press release. (July 12)
