Located at 11th Street & Trinity, Foundation Communities’ next development will be downtown Austin’s first affordable housing effort since the Lakeside tower was built 40 years ago.The Statesman is reporting that Foundation Communities will receive $1,100,000 in Federal tax credits over the next 10 years for the project names, Capital Studios. They have also applied for City funding.Details of the project include:- 135 efficiency apartments - rents will range from $400 . . .
