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South Rice Apartments by Brownstone

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Located at 5612 S. Rice near Glenmont.

 

https://thebrownstonegroup.net/developments/

 

Developments listed below are either complete or under construction.  They are listed based on their completion date (or placed in service date) or the date that they are planned for completion.

 

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2021 Developments

  • South Rice Apartments (Houston, TX) – 115 units, new construction, tax credit development

 

 

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Houston City Council approves $23 million in loans for two affordable housing developments

https://communityimpact.com/houston/heights-river-oaks-montrose/development/2019/12/11/houston-city-council-approves-23-million-in-loans-for-two-affordable-housing-developments/

 

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Houston City Council approved Dec. 11 the allocation of federally backed loans for two new apartment communities in Gulfton and the Heights area.

 

For the Gulfton complex at 5612 S. Rice Ave., Houston, council approved a $12.4 million loan funded by a portion of Hurricane Harvey Community Development Block Disaster Recovery Grants issued by the U.S. Department of Housing and Urban Development. The remaining funding for the $33.1 million project comes from a combination of tax credits, bank loans and other sources.

 

The South Rice Apartments will include 115 one-, two- and three-bedroom units. It is led by Houston-based developer Brownstone.

 

 

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Demolition started.  This is bigger than I thought. 5106 Glenmont is also being demolished.

 

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