By CASSIE MCKEE, Four Points News
Despite local opposition, the Foundation Communities’ Cardinal Point affordable housing project is expected to break ground in Four Points after the Texas Department of Housing and Community Affairs in July approved $15 million in state tax credits to help fund the project.
Cardinal Point will be located on an 8.5 acre tract located at 11011 1/2 Four Points Drive. It will include 120 units ranging from one to three bedrooms. The project is expected to break ground in August 2016 and open in late 2017, according to Foundation Communities Communications Coordinator Alyah Khan. She said rents between all the units will average approximately $640/month. Families earning up to 60 percent of the area median family income would be eligible to apply. Continue reading






