Mixed-Income Rental Community in Dallas: A New Option for Affordable Housing

Mixed-Income Rental Community in Dallas: A New Option for Affordable Housing

Banyan Residential and Bridge Investment Group are pleased to announce the first move-ins at Banyan Flats, a 289-unit apartment community located just west of downtown Dallas. This development is one of the city’s initial projects under the Public Facility Corporation program, which offers rent-restricted pricing on 50% of the building for qualifying residents.

Situated in an Opportunity Zone, Banyan Flats is part of Texas’ Public Facility Corporation program that aims to develop and preserve mixed-income workforce housing communities. These communities serve individuals earning at or below 80% of the area median income and also provide non-income-restricted units.

Conveniently located at 2022 N. Beckley Avenue, Banyan Flats features a variety of apartment options such as micro-units, studios, one-, two-, and three-bedroom units ranging from 415 to 1,425 square feet. Residents can enjoy top-notch amenities including a unique resort-style pool – considered one among Dallas’ finest – along with a fitness center clubhouse , dog wash facility ,and rooftop deck .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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