The NRP Group’s commitment to creating high-quality housing continues with a new 300-unit apartment community in Schertz, Texas, known as Aviator 1518. It is the first-ever affordable housing development created through a partnership between the Schertz Housing Authority and The NRP Group.
“Central Texas has experienced immense growth over the past decade, and Schertz has felt this expansion across new industries, population, education and retail,” said Mayor Ralph Gutierrez. “The demand for a dynamic range of housing in our community has never been higher, and we are thrilled to welcome Aviator 1518 to Schertz for our community.”
“Our mission to support communities with high-quality housing comes to life when all project partners are aligned on the same goal, which is to provide affordable opportunities to residents that need them most,” said Jason Arechiga, Senior Vice President of Development, NRP Group. “Today would not have been possible without the assistance of the City of Schertz, whose leadership recognized the need for workforce and affordable housing options as the city continues to grow and attract commercial and industrial opportunities.”
Units in the complex’s three-story central building are built with elevator-accessible design, and the community is located within the Schertz-Cibolo-Universal City Independent School District boundaries–ensuring families with children have access to quality education.
The project is financed by four percent housing tax credits allocated by the Texas Department of Housing and Community Affairs Additional development partners include Bank of America, Bexar County, Texas Home Collaborative, Coats Rose, MTR Engineering and Alta Architects.
“We’re pleased to celebrate Aviator 1518 alongside The NRP Group and our partners. As Schertz continues to grow, we’re grateful for the opportunity to meet the evolving needs of our residents,” said Schertz Housing Authority Chairman, Len Weinand.
