{"id":108361,"date":"2011-07-13T12:50:24","date_gmt":"2011-07-13T17:50:24","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=108361"},"modified":"2011-07-14T10:22:23","modified_gmt":"2011-07-14T15:22:23","slug":"groundbreaking-ceremony-for-affordable-housing-development","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=108361","title":{"rendered":"Groundbreaking Ceremony for Affordable Housing Development"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/?attachment_id=108451\" rel=\"attachment wp-att-108451\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2011\/07\/photo1-150x150.jpg\" alt=\"\" title=\"photo\" width=\"150\" height=\"150\" class=\"alignleft size-thumbnail wp-image-108451\" \/><\/a><br \/>\nTYLER &#8212; Pinnacle Housing Group LLC, a full service real estate company specializing in the development of affordable housing, broke ground Wednesday for Pinnacle at North Chase in Tyler. The latest Pinnacle development will be a gated community of 120 garden apartment homes as part of the 395-acre master-planned, mixed-use North Chase planned unit development.   North Chase has strong support from the community, including the city government.  It&#8217;s seen as a significant revitalization project for the community as well as the individuals who will live there.<\/p>\n<p>In July 2010, the Texas Department of Housing and Community Affairs awarded PHG Lone Star, LLC (a subsidiary of Pinnacle Housing Group) $1.4 million in Housing Tax Credits to help finance the development. The luxury-style rental community at 3651 N. Broadway in Tyler will offer a clubhouse with a cyber caf\u00e9\/computer lab, fitness facility, game room with a serving kitchen, and a patio with an outdoor fire pit. The swimming pool will be located adjacent to the playground and covered picnic area. A vita course complete with a walking\/jogging trail and outdoor fitness stations centered around a sand volleyball court will provide a park-like area for resident use. The development is scheduled to be complete in the spring 2012.<\/p>\n<p>The Housing Tax Credit program encourages private development of properties with restricted rents based upon income. The units will be set aside for residents making 30%, 50% and 60% of the Area Medium Income (AMI). There will be 32 one-bedroom, one-bath units with 880 square feet, 64 two-bedroom, two-bath units with 1,180 square feet, 20 three-bedroom, two-bath units with 1,310 square feet and 4 four-bedroom, three-bath units with 1,550 square feet. Each unit will include a patio\/balcony, exterior storage, walk-in closets, pantry space, and energy efficient appliances including a dishwasher and garbage disposal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TYLER &#8212; Pinnacle Housing Group LLC, a full service real estate company specializing in the development of affordable housing, broke ground Wednesday for Pinnacle at North Chase in Tyler. The latest Pinnacle development will be a gated community of 120 garden apartment homes as part of the 395-acre master-planned, mixed-use North Chase planned unit development. &hellip; <a href=\"https:\/\/ktbb.com\/post\/?p=108361\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Groundbreaking Ceremony for Affordable Housing Development<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-108361","post","type-post","status-publish","format-standard","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-06-20 20:37:49","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/108361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=108361"}],"version-history":[{"count":14,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/108361\/revisions"}],"predecessor-version":[{"id":108718,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/108361\/revisions\/108718"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=108361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=108361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=108361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}