Fort Worth Housing Solutions
The Holston
The Holston, Fort Worth Housing Solutions’ first phase of a mixed-income apartment development in the city’s Alliance Corridor, is 90% leased as it celebrates its grand opening, the agency said.
The 264-unit resort-style community is off of Texas 170 and Haslet Road near major employers. Half of the Holston’s one, two and three-bedroom apartments are priced at market rate rents, and the other half are available at lower rents to households earning 80% of area media income. In 2021, a person earning $45,300 or less per year meets the 80% threshold, Housing Solutions said. A three-person household earning $58,200 or less qualifies for the workforce rate.
The Holston is named for Barbara Holston, president of the Fort Worth Housing Authority - Housing Solutions’ predecessor – from 1993 to 2014. Holston is credited with repositioning the agency from a traditional public housing model to its current mission of developing mixed-income residential properties around the region and de-centralizing poverty.
“We are thrilled to celebrate The Holston and the legacy of Barbara Holston,” Mary-Margaret Lemons, Housing Solutions president, said. “Ms. Holston was an advocate for self-sufficiency who encouraged our residents to participate in programs designed to help them succeed. It is fitting to name such a beautiful property in one of our city’s hottest job centers for her.”
Housing Solutions is in partnership in the development with AMTEX, the development partner, and Greystar, the rental housing company.
Construction is expected to begin on an adjacent second phase, to be named The Opal, in fall 2021 or early 2022. The Opal will feature 339 units with a similar 50-50 split orf market rate and workforce-rate apartments. Construction is scheduled to take about 24 months, with leasing to begin in 2023.