Construction has begun on The Exchange, a $71 million, 296-unit apartment development near the Fort Worth Stockyards, WFAA reports.
A Fort Worth Housing Solutions agenda adds specifics behind the project’s affordability description. The official record places The Exchange near Main and 29th streets and identifies OGC SN Multifamily LLC as the development partner.
What the affordability requirement covers
The agenda says at least 50% of the units will be reserved for individuals and families earning less than 80% of area median family income.
That is the concrete restriction in the public record: It covers at least half of the apartments, rather than stating that every unit will be income-restricted. The distinction gives residents a more precise measure than the project’s broader attainable-housing description.
Projected rents and a completion timeline remain unavailable in the approved records and reporting, so those sources do not yet show what residents would pay or when the apartments could open.
