Safehold closes ground lease for 336-unit LIHTC affordable housing development in Austin, Texas

Safehold Inc.

Safehold Inc.

SAFE

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  • Safehold closed a ground lease backing a 336-unit LIHTC affordable housing development in Austin, Texas, scheduled for delivery in 2028.
  • The project will be developed by The NRP Group, marking the second Austin transaction between the firms this year under 4% LIHTC new construction.
  • Huntington Bank is providing tax credit equity; Berkadia arranged construction financing, with permanent financing planned.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safehold Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606250730PR_NEWS_USPR_____NY91561) on June 25, 2026, and is solely responsible for the information contained therein.

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