- Housing type: Affordable and Market Rate Community
- Region: Central Texas
- Address: 2401 E Oltorf St. Austin, TX 78741
- Leasing Status: Under Construction
- Units: 170
48 - 1 Bedroom/1 Bath
81 - 2 Bedroom/2 Bath
41 - 3 Bedroom/2 Bath
- Opening date: 2021
- Owner/Developer: Saigebrook Development and O-SDA Industries
- Consultant: SGI Ventures
Vi Collina will be a mixed-income housing community in Austin’s East Riverside neighborhood, providing 170 units of high quality housing in four buildings. The community will provide much-needed affordable housing options for households at a variety of income levels in fast-developing and appreciating Southeast Austin. Through a partnership with the Austin Housing Finance Corporation and the use of 4% Housing Tax Credit financing, this project is able to offer 100% of its units at rents affordable to households making between 30% and 80% of area median income.
Affordability breakdown: 100% of Vi Collina’s units will be affordable at 30%, 50%, 60%, and 80% of area median income.
Units will feature high-efficiency appliances and lighting, solid surface counters and flooring, and will be cable, internet, and phone ready.
Community amenities will include a fully furnished clubhouse with community room, swimming pool, business center, leasing center, fitness center, and bicycle parking.
Financing partners include TDHCA, Austin Housing Finance Corporation.