LDG Development qualified for low-income housing tax credits for its latest DFW apartment project. The 330-unit development will be designated for households earning at or below 60% of the area median income level. LDG has started work on the Gateway at Trinity Forest at 2200 Dowdy Ferry Road. a $100 million project that is expected to be ready for tenants near the end of 2027.
At the same meeting, the Dallas City Council also agreed to apply tax credits to LDG’s 180-unit Legacy on Belt Line (photo) and 204-unit Heights at UNT Station.
Earlier this year, the company broke ground on two North Carolina projects, in Durham and Raleigh, that will add up 300 units of affordable housing units to the region.
Established in 1994, LDG Development is a multifamily developer that’s built more than 22,842 units across markets in Texas, Kansas, Georgia, Louisiana and Tennessee.
The post LDG Lands Low Income Housing Tax Credits for $100M DFW Project appeared first on Connect CRE.
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