Grand Opening in Winnie, Texas!
We celebrated the Grand Opening of Magnolia Station Apartments in Winnie, Texas recently! This beautiful community was developed in partnership with the Texas General Land Office (GLO) in response to the loss of housing stock after Hurricane Harvey devastated the region. Guests were able to tour the community and walk-through an apartment home. We had perfect weather to explore outdoor amenities like the bark park with an agility course!
Magnolia Station Apartments is an affordable new construction development consisting of 5 residential buildings and a clubhouse to be located in Winnie, TX. The project was awarded a $6.25 million Community Development Block Grant to aid in rebuilding much-needed housing in the aftermath of Hurricane Harvey which impacted the area in 2017. In addition, Merchants Bank of Indiana is providing a $3.5 million revolving loan facility to finance construction draws.
The property’s 44 units will serve households at a range of area median incomes (AMIs) – 5 units will be affordable to households at 30% AMI; 27 units will serve High HOME-eligible households (approximately 60% AMI); and 12 units will be market-rate units with no income restrictions. The community will have a leasing office/clubhouse with a business center, equipped fitness center, community room, and playground.
We are excited for our residents to make a fresh start with us at Magnolia Station!




