Completed 2026

9% LIHTC Community

30% – 60% AMI

56 Units, 1-3BR

$16.44M Investment

New Construction

Prado Place

Beaumont, Texas

Prado Place is a 56-unit affordable family development  funded through Texas’ 9% Low-Income Housing Tax Credit (LIHTC) program. Historically, this site was used as a car dealership and House of Worship, and is being repurposed into much-needed housing opportunities for residents of Beaumont.

Prado Place consists of three garden-style structures offering a total of 56 one-, two-, and three-bedroom apartments reserved for households earning at 30, 50, and 60 percent AMI levels.

Notable amenities include an afterschool program, balconies/patios, a business center, ceiling fans, central air conditioning, a clubhouse, dishwashers, disposals, electric vehicle charging stations, a fitness center, on-site management, a pet park, picnic areas, a playground, surface parking, walk-in closets, and washer/dryers.

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