Cypress Creek Apartment Homes to Offer Affordable Housing in Dallas

Author

Slice of Real Estate Team
August 05, 2024

Key Highlights:

  • 168-unit mixed-income housing community in Dallas opening Q2 2026.

  • 41 homes reserved for Walker Settlement Voucher (WSV) program.

  • Modern amenities including tech-forward business center, fitness center, and swimming pool.

  • Targeted funding from HUD ensures housing for low-income residents.

Source (Business Wire)

Notable Quotes:

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“Building diverse communities through quality housing solutions is not just about providing shelter; it’s about creating opportunities for connection and growth."

Omar Chaudhry, Senior Director Acquisitions at Hunt Capital Partners
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“We are thrilled to see Cypress Creek Apartment Homes come to life as a unique, mixed-income community. This development represents our commitment to providing quality, affordable housing options that cater to the diverse needs of North Dallas residents.”

Casey Bump, President at Bonner Carrington

Our Take:

Cypress Creek Apartment Homes exemplify a progressive approach to addressing housing shortages and economic diversity in Dallas. By integrating affordable and market-rate units, and providing extensive community services, this development will significantly enhance the quality of life for its residents. The collaboration between Hunt Capital Partners, Bonner Carrington, and Sycamore Strategies showcases a commitment to sustainable, inclusive growth, making it a model for future housing projects in urban areas. The targeted use of funding and strategic planning ensures that Cypress Creek will serve as a cornerstone for community building and economic stability in North Dallas.