The NRP Group in partnership with the City of Mesquite Housing Finance Corporation celebrated the financial closing and groundbreaking of The Fielder, a 288-unit affordable housing community in Mesquite, Texas.
Units will be reserved for residents earning between 50 to 70 percent of the Area Median Income.
The Fielder is located at 1300 Wooded Lake Drive, near the intersection of Interstate 30 and LBJ Freeway. The development offers easy access to downtown Dallas and is minutes away from the newly completed Urban District 30 – a 1-million square-foot industrial park that spans 82 acres. As the Dallas region’s population growth soars, The Fielder will accommodate employees in the surrounding area. The affordable housing development is the first partnership between a developer and the City of Mesquite.
The Fielder can accommodate both working professionals and growing families, with floorplans that include one-to-four-bedroom units. Additionally, resident services will include essential health and wellness screenings, after-school programs, and financial literacy training. The development will also feature best-in-class amenities including a pool, fitness center, community garden, dog park and numerous playgrounds.
This investment in Mesquite was made possible through housing tax credit equity and construction financing from Bank of America, with permanent financing provided by Bellwether Enterprise Real Estate Capital.