Housing Trust Group (HTG) secured financing and has started work on Inn Town Lofts, a $33.7 million affordable housing community with 56 units in Lubbock. Serving as the company’s first affordable housing development in Texas, HTG will rehab one of the city’s historic properties and develop an additional two-story building. Construction is expected to begin this month, with leasing to begin in the Summer of 2025.

Apartments at Inn Town Lofts will be reserved for income-qualifying residents who earn from 30 to 80 percent of the area median income (AMI). Monthly rents will range from $452 to $1,789, a fraction of the median rent in Lubbock, which stands at $1,375.

Located at 1202 Main Street, the community offers a wide range of amenities, including a fitness center, children’s playground, community laundry room, business center with workstations, community theater area, and complimentary high-speed Wi-Fi.

The design and construction team for Inn Town Lofts includes Wallace Architects and general contractor Teinert Construction.