The Exchange is a 300-unit multifamily community on Houston’s near north side. The development, situated in an Opportunity Zone, is part of Hardy Yards, a 43-acre master-planned community that features a music center, public parks, retail and grocery stores and restaurants, in addition to residences. The Exchange is NRP’s first workforce housing development in Houston. The unique public-private partnership with the Houston Housing Authority Public Facility Corporation that financed The Exchange reserves 50% of the homes for families earning less than 80% of the area median income. The Exchange offers one, two and three-bedroom apartment homes, with amenities including a co-working style business center, fitness center, luxury pool bike storage, 24/7 package reception space and a dog park.
Market Rate/Mixed Income
Developed in partnership with Houston Housing Authority, and built adjacent to the light rail station, The Exchange offers residents unparalleled views of downtown Houston, while also allowing them to commute without a personal vehicle. The near northside is bustling with new retail and entertainment options and this project is positioned nicely to benefit from the future growth of the area.