Future Communities

Please stay tuned for construction updates and leasing information.


Waterloo Terrace

Opening later this year, Waterloo Terrace is located on MoPac and Parmer. This community will offer 132 affordable apartment homes for single adults with supportive services onsite. Each efficiency studio features a full kitchen, bathroom, living and sleep spaces. Common areas include a dog run, fitness center, community kitchen and social work offices. Accessible and furnished units are available. Rent ranges from $475-$855. For questions, please contact Kyle Russell at [email protected].
The interested list for Waterloo Terrace is currently open >>

Laurel Creek

Opening late 2021: Laurel Creek, located in North Austin near Lamar and Braker, will be home to 88 low-income families, including many who are exiting homeless. The community will include a Learning Center providing our successful after-school and summer academic programs, along with an Open Doors Preschool right on site. Our sustainable design will meet or exceed LEED and Austin Energy Green Building standards, keeping utility costs low.

Click here if you would like to be added to the Laurel Creek Interested List
When you join the Interested List you will receive notifications regarding pricing and leasing.  For questions, please contact Mandy Lewis at [email protected]


Drawing of the new apartment complex, The Loretta, from Foundation Communities

The Loretta

Opening late 2022: The Loretta located at 13649 Rutledge Spur in Austin, will be home to 137 low income residents, including many who are exiting homelessness. The community will share a Learning Center with it’s sister community, Lakeline Station. The Learning Center will provide our successful after school and summer academic programs. Our sustainable design will meet or exceed LEED and Austin Energy Green Building Standards, keeping utility costs low.
The interested list for The Loretta is currently open >>


Community Updates

Recently, we opened our doors at Cardinal Point, located in the lush Four Points area in Northwest Austin. We also added 20 more apartments at Garden Terrace, one of our single adult communities. This year, we’re focused on completing Waterloo Terrace near MoPac and Parmer. Our waiting lists for housing have never been longer, and that’s why we keep growing. For many of our residents, finding Foundation Communities means charting a new path forward.

“This place has been the answer to my prayers,” said Allen, a resident at Capital Studios. “I now wake up each day with real purpose and joy.”