Union Gospel Mission of Tarrant County broke ground Tuesday on a new 102,679 square-foot mixed-use development that will offer 104 multi-family apartments designated as affordable housing. The Vineyard on Lancaster will cost $19 million to complete, $12 million of which is funded by housing tax credits, the National Housing Trust Fund and the Affordable Housing Program.
Additional support has been provided by private foundations including Amon G. Carter Foundation, The Mabee Foundation, The Ryan Foundation, The Burnett Foundation and The Sid Richardson Foundation.
The two-building campus of The Vineyard is at 1401 E. Lancaster Ave. It is on the last parcel of vacant property currently owned by UGM-TC and is expected to house its first resident no later than Dec. 31, 2019.
“Our community’s recent population boom has overtaxed an already stressed housing challenge. For the past five years, our leadership has been prayerfully and strategically planning for the opportunity to provide more affordable housing options in this community,” Don Shisler, president and chief executive officer of Union Gospel Mission of Tarrant County, said in the news release in announcing the project in September.
The Vineyard on Lancaster is part of the Near East Side Urban Village revitalization. It is expected to house its first resident no later than Dec. 31, 2019