DRIPPING SPRINGS – Dominium has acquired the Springs Apartments, a 76-unit
affordable housing community at 289 Springs Ln.
Built in 2001, the property has one- to three-bedroom units reserved for
residents earning no more than 60 percent of the area median income.
Dominium will construct 144 additional units and rehabilitate original units.
The project represents a $3 million investment.
* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242) * [Austin multifamily news](https://txrec.io/2PoQABe)
Source: Community Impact