The Catholic Housing Initiative’s La Estrella townhomes open next month near Lake Cliff Park.
The 14 two-story homes, at 515 E. Seventh, start at around $149,000, and up to $14,000 in downpayment assistance is available.
The complex includes a mix of two- and three-bedroom homes with two-and-a-half bathrooms and finish outs that include granite countertops and brushed-nickel appliances.
The Catholic Housing Initiative recieved a $490,000 construction loan from federal HOME funds via the city of Dallas. The homes cost about $2.5 million to build on lots that the city conveyed to the developer at no cost. The city foreclosed on the lots around 2007 after a failed development.
The corporation also owns at least two other housing complexes in our neighborhood, the adjacent Notre Dame Court and Notre Dame Place, near Madison and Pembroke. Those house seniors, and La Estrella is open to families.