The Rushmore at 800 Highway 6 South, is a family-friendly multifamily development, and will feature 101 units in Houston’s bustling Energy Corridor. The mixed-income building will offer 85 units reserved for income-qualifying residents earning at or below 30%, 50%, and 60% of the area median income (AMI) and 16 units priced at market rate.

The Rushmore is a $33.8 million development featuring one-, two-bedroom, and three-bedroom units and high-quality onsite amenities like a resort-style swimming pool, community clubroom, workroom, state-of-the-art fitness center, game room, and a designated dog walking path. The Rushmore will also include resident-focused offerings like yearly income tax preparation, career training and partnerships, quarterly social events with law enforcement and first responders, bimonthly arts and crafts, and onsite notary services during business hours.

A public-private partnership, the Rushmore’s funding sources include $20 million in construction financing from Citi Community Capital, $15.2 million in Low-Income Housing Tax Credits (LIHTC) syndicated through Raymond James, $3 million in HOME financing from the City of Houston, $5.975 million American Rescue Plan Act (ARPA) funding from Harris County Housing and Community Development and an $8.1 million permanent loan from Citi Community Capital. The Harris County Housing Financing Corporation is the general partner providing a 99-year ground lease to ensure long-term affordability.