Momark Development announced in a press release Oct. 21 a partnership with the city of Austin to build Canopy at Westgate Grove, an 88-condominium complex set to offer condos for considerably lower than the area's median sale price. According to the release, Canopy at Westgate Grove condos will be priced between $163,000-$185,000—much lower as compared to the area median of approximately $334,000.
According to Momark, the first condos are expected to be completed for move-in by spring 2020. Homes will be reserved for applicants making 80% or less of the area's median family income, which ranges from up to $52,850 for a one-person household to $75,500 for a four-person household. Austin Habitat for Humanity will assist Momark and the city in selecting buyers.
Canopy at Westgate Grove will be zoned to Cowan Elementary School, Covington Middle School and Bowie High School and will be located at 8701 West Gate Blvd., Austin. Interested parties can call Austin Habitat for Humanity at 512-472-8788. www.canopyatwestgate.com