AUSTIN, Texas — A new mixed-income development for active seniors is opening its doors to the public Friday in East Austin.
The Ladybird will feature 47 studios, 208 one-bedroom units and 24 two-bedroom units for active seniors 55 and up. Besides living arrangements, the development also has several amenities including a library, training/meeting room, theater and food pantry.
The Ladybird works with the Tax Credit Affordable Housing program and updates its income limits annually for Travis County. Below are the current levels:
- 30% AMI: $23,190 for an individual; $26,490 for a couple
- 50% AMI: $38,650 for an individual; $44,050 for a couple
- 60% AMI: $46,380 for an individual; $52,980 for a couple
- 80% AMI: $61,840 for an individual; $70,640 for a couple
Those who are interested in The Ladybird can check out the grand opening between 11 a.m. to 2 p.m. at 1320 Art Dilly Drive.
Among others, the following individuals will be present at the event: Luci Baines Johnson, daughter of former President Lyndon B. Johnson and First Lady "Lady Bird" Johnson; U.S. Rep. Lloyd Doggett (D-Austin), former Austin City Council member for District 3 Sabino "Pio" Renteria; and Austin City Councilmember José Velásquez (District 3).
For more information about The Ladybird, visit the community's website.
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