Foundation Communities breaks ground on its latest affordable housing complex, Waterloo Terrace, today. The ceremony, which will take place at Bluebonnet Studios at 10:30 a.m., will feature Austin FC’s philanthropic organization, 4ATX, which will present a check, along with speakers Mayor Steve Adler, Foundation Communities Executive Director Walter Moreau and Austin FC and Precourt Sports Ventures CEO Anthony Precourt. When complete, Waterloo Terrace will be Foundation Communities’ 25th affordable housing project, and 27 of the efficiencies at the new complex at 12190 N. MoPac Expressway will be reserved for homeless and low-income veterans.
Elizabeth Pagano is the editor of the Austin Monitor. More by Elizabeth Pagano