The NRP Group, a leading developer, builder, and manager of multifamily housing, in collaboration with the Housing Authority of the City of Austin (HACA), has officially opened Bridge at Estancia, a new 318-unit affordable housing community in Austin, Texas. This development offers quality housing for residents earning up to 60% of the Area Median Income (AMI).
“Bridge at Estancia is a pivotal project in our ongoing effort to provide affordable housing to Austin’s residents,” said Nick Walsh, Vice President of Development at The NRP Group. “With Austin’s job market and vibrant culture driving housing demand, we’re proud to partner with HACA on this master-planned community. It addresses the pressing need for affordable housing in Travis County while supporting local economic growth and access to essential services.”
Located at 1100 Avenida Mercado Street, Bridge at Estancia provides convenient access to downtown Austin and is part of the larger Estancia Hill Country master plan, a 600-acre mixed-use development. The site is near the upcoming Texas Children’s Hospital and future commercial and retail spaces.
“This development is a major milestone in ensuring Austin remains an inclusive city where everyone has access to affordable housing,” said Michael Gerber, President and CEO of HACA. “The location is ideal for families, helping to keep Austin affordable for its residents.”
Designed by HEDK Architects, the community features a mix of one- to four-bedroom units, each with private patios or balconies, high ceilings, vinyl plank flooring, and fully equipped kitchens with quartz countertops.
In partnership with nonprofit Community Housing Resource Partners, Bridge at Estancia includes an activity room for resident services like health screenings, after-school programs, financial literacy training, and ESL courses. The community also offers amenities such as a swimming pool, fitness center, multiple playgrounds, and walking trails.
Spanning 15 acres, the site consists of two four-story buildings, two three-story walk-ups, and a two-level parking garage. Residents can enjoy outdoor spaces like a courtyard, barbecue grills, and a pool with a sundeck, as well as a large coworking space designed for remote workers and students.
The fully affordable housing community was made possible by a $20 million housing tax credit investment from Hudson Housing Capital, along with financing from Bellwether Enterprises and Deutsche Bank.
The NRP Group ranks among the top three multifamily developers in Austin, with over 7,500 apartment homes across 25 developments in the area. This year, the company also delivered The Markson, a 330-unit mixed-income community, with more units currently in development.
