Austin, TX
Merchants Capital Secures $100+ Million to Renovate Affordable Housing in Austin, Texas
“Merchants was able to demonstrate our array of innovative affordable housing financing products economically and efficiently to deliver for Sena Affordable Communities in an expedited timeframe.”
Michael Milazzo SVP, Originations
Merchants Capital provided a $69.15 million Freddie Mac 4% Low-Income Housing Tax Credit (LIHTC) Immediate TEL loan and $37.6 million in LIHTC equity as the syndicator. Merchants Bank provided a $29 million equity bridge loan during the rehab period.
“We are excited to continue our relationship with L+M Development Partners and TCC Hill Country Development Corp—and close our first transaction with Silver Tree,” said Marcin Dzido, Vice President of Acquisitions at Merchants Capital. “The Travis Park renovation ensures that 199 low-income families have safe, high-qualify housing for years to come.”
Sena Affordable Communities, an affiliate of L+M Fund Management (LMFM), is a dedicated acquisition rehabilitation business known for strengthening communities with innovative affordable housing solutions to significantly reposition assets with Low-Income Housing Tax Credits and tax-exempt bond financing.
The Travis Park Apartments rehabilitation will involve improvements to the grounds, building exteriors, unit interiors and deferred maintenance across 22 buildings. The scope of work includes the addition of new outdoor recreation areas, playgrounds, extensive accessibility upgrades, window replacement, new boiler and cooling towers, kitchen and bathroom improvements, new energy star appliances, replacement of original fan coil units for heating and cooling, building envelope upgrades, roof replacement and signage.
A Freddie Mac Impact Sponsor, L+M Development Partners and its affiliated companies, including LMFM and Sena, have more than 55,000 high-quality residential units in construction or acquired, preserved or completed in markets across the United States.
“With funding now secured for Travis Park Apartments, we look forward to protecting its long-term affordability and delivering critical improvements that will enhance the quality of life for all residents,” said Jeffrey Moelis, Managing Director, Sena Affordable Communities. “Our planned upgrades, combined with Travis Park’s optimal location near downtown Austin, will ensure this community can thrive for decades to come, especially as the area continues to boom. We are grateful to our partners at Merchants Capital for their work in helping us reach this milestone.”
Travis Park Apartments is located in South Central Austin, with regional access to Interstate 35, US Highway 290 and MoPac Expressway, and near downtown entertainment districts and outdoor attractions, including the riverwalk.
Renovations are expected to be completed in 18 months. To learn more about Merchants Capital and its services, visit www.merchantscapital.com or find Merchants Capital on Facebook, X, LinkedIn and Instagram.
Austin, TX
Texas softball handles Wagner; set for matchup with Wisconsin
AUSTIN (KXAN) – Texas softball entered the NCAA Tournament ranked fourth in RPI. Their first opponent in the Austin regional was Wagner, sitting a bit lower at 274th in RPI.
The Longhorns handled business Friday afternoon, taking down the Seahawks 9-1 by run rule in five innings.
Wagner actually got on the board first and was extremely energized in their NCAA Tournament debut. The Longhorns settled down to the tie game in the bottom half of the first before taking the lead in the third and never looked back.
The first game of the day in Austin went to extra innings and pushed back the start time between the Longhorns and Seahawks. Wisconsin made it past Baylor in extra innings with a 2-1 walk-off victory.
Now, the Badgers earn a date with the Longhorns on the winner’s side of the bracket. The two will duel Saturday at noon with the winner advancing to the regional final.
Wagner and Baylor will play an elimination game Saturday after Texas and Wisconsin. The winner of the Seahawks and Bears game will face the loser of the Longhorns and Badgers battle.
Austin, TX
Texas Metro Areas Are Coming for Chicago
The nickname “Second City” wasn’t bestowed upon Chicago as a title of distinction. When author A. J. Liebling bestowed that sobriquet in writings that were later published in his 1952 book, Chicago: The Second City, he didn’t mean “second only to New York.” He meant “secondary,” or maybe “second-class.” He lived in Chicago, and he hated it. Chicagoans eventually embraced being the Second City, especially after they fell to third, when Los Angeles surpassed the metro in the early eighties.
Chicago is still the nation’s third-largest metropolitan area, according to U.S. census data released this week that estimate population totals for the year 2025—but, looking at the trends since 2020, it’s likely that Dallas–Fort Worth will supplant Chicagoland before too long. Let’s explore the takeaways from the newly released data.
Dallas–Fort Worth Is Poised To Surpass Chicago
According to the census data, as of 2025, 9,434,123 residents are spread across the Chicago region. The Metroplex, meanwhile, is home to 8,477,157.
While that million-person difference is a lot, Chicago’s population has been stagnant for years; the area has actually lost a couple thousand residents since 2020, with fluctuations year over year. DFW, meanwhile, has a rocket strapped to its proverbial back; in 2020, only 7,667,416 folks lived in the region, which means the Metroplex has added an average of just over 160,000 people each year. If Chicago remains anemic and DFW continues to boom at the same rate, that means Dallas–Fort Worth would be the nation’s third-largest metro area around 2031 (at which point, presumably, Chicagoans will cling even tighter to the “Second City” moniker).
And DFW isn’t the only metro on Chicago’s heels. The Houston–Pasadena–The Woodlands metropolitan area added nearly as many residents as DFW over that same five-year period. There are half a million fewer Houston-area residents than DFW ones, but if current trends hold, by around 2036, Houston should slide into fourth place. (As some consolation to depressed Chicagoans, they should hold on to fifth place for a while after that, as the metro areas currently behind Houston are quite a bit further back, and they aren’t growing at nearly the same rate as the Texas cities.)
We Hit Peak Austin a Few Years Back
Austin has been heralded as a tech-utopian dream city by some folks in the capital, and while it remains a growing area, it’s not the juggernaut it once was. For years, Austin and San Jose, California, ran neck and neck for the spot of the nation’s tenth-largest city, but they’re now at numbers twelve and thirteen, respectively—and it’s Fort Worth that rounds out the top ten, with Jacksonville, Florida, behind it.
That’s because Fort Worth, which grew by nearly 2 percent between 2024 and 2025, is the fastest-growing of Texas’s big cities, and by a considerable margin. Austin, meanwhile, grew by just 0.4 percent—which isn’t nothing, but the era of constant, accelerating growth in the state’s capital appears to have ended, perhaps putting slightly less strain on the city’s infrastructure.
The rapid rise of Fort Worth isn’t a new story—the trend got noticed back in 2022—but the fact that Austin is growing more slowly than Houston and San Antonio might change the narrative of the city as an ever-growing hub of creative- and tech-minded talent that emerged over the past decade.
What the Heck Is Going On in New Braunfels?
In addition to being outgrown by the other big cities in Texas, Austin is also being outpaced by a much smaller city nearby, and not just statistically. New Braunfels has a gaudy year-over-year growth rate of 5.1 percent, but it also added more total residents between 2024 and 2025 than Austin did—and by a lot. The year saw 4,025 newly minted Austinites, while New Braunfels exceeded that number by nearly 50 percent, adding 5,969 newcomers. There are now 122,492 New Braunfellas. That is more than six times what the city’s population was back in 1970.
It makes sense: New Braunfels is between San Antonio and Austin, relatively affordable, and charming as heck.
The Boom Among New Suburbs Is Bonkers
The fastest-growing city in the United States? That’s Celina, Texas, a spot on the map north of U.S. 380 at the tip-top of the Metroplex. (To get to a Cowboys game from Celina, you’re facing a hundred-mile round trip.) Celina grew by 24.6 percent between 2024 and 2025, which means that statistically, one out of every four people you see shopping for groceries at the Brookshire’s moved there last year.
What accounts for Celina’s boom? Mostly, it’s that the city basically didn’t exist fifteen years ago; Celina, currently home to 64,427 Texans, was a town of just 6,028 in 2010. According to The Texas Tribune, the city’s 36-year-old mayor moved there with his wife from Allen in 2017, “seeking a quieter, family-oriented neighborhood with good schools and a slower pace.” Celina: For when a bedroom community like Allen is too much of a bustling metropolis!
Celina’s neighboring towns aren’t far behind it. There are five other DFW suburbs—Princeton, Melissa, Anna, Forney, and Greenville—among the ten fastest-growing cities in the country. (All but Forney are similarly situated on or above U.S. 380.) The Houston suburb of Fulshear (which grew by a similarly enormous 21 percent) and the Austin suburb of Hutto (a more modest 7.9 percent) are among the top ten too.
Texas remains booming, in other words, even if the distribution of that boom has shifted somewhat—that looks like a slower Austin, steady growth in San Antonio and Houston, an even more massive Metroplex, and suburbs that envelop small towns.
When you buy a book using a link on this page, a portion of your purchase goes to independent bookstores and Texas Monthly receives a commission. Thank you for supporting our journalism.
Austin, TX
No. 3 Softball preview: NCAA Austin Regional – University of Texas Athletics
AUSTIN, Texas – Texas Softball, the nation’s No. 2 seed at the 2026 NCAA Tournament, opens the Austin Regional vs. NEC Tournament Champion Wagner at 3 p.m. CT Friday, May 15, at McCombs Field. The game will stream on ESPN+ with Cat Osterman (analyst) and Alex Loeb (play-by-play) on the call. Fans can also tune into Andrew Haynes on Texas’ radio broadcast on https://texas.leanplayer.com/ or the iHeart Radio app.
Notes
- Wagner, Baylor and Wisconsin are joining Texas at the Austin Regional. Prior to Texas’ game vs. Wagner on Friday, Baylor (28-26) and Wisconsin (32-19) will clash at 12:30 p.m. on ESPN+. The winner of the Austin Regional will advance to play the winner of the College Station Regional.
- Texas is making its 26th NCAA Tournament appearance, including its 21st-consecutive tournament. The Longhorns are 57-30 all-time during NCAA regionals.
- Texas has made the NCAA Tournament in every year under head coach Mike White. Under White, Texas has clinched six top-13 national seeds at the tournament.
- It marks the fourth-straight year in which Texas has earned a national seed (1 through 16). Texas’ four-consecutive national seeds ties for the longest streak in program history. It last happened from 2010 to 2013. Additionally, Texas has collected three-consecutive top-six national seeds.
- Texas’ No. 2 national seed is the second-highest national seed in program history, behind the 2024 team’s No. 1 overall seed. Last season, Texas was selected as the No. 6 overall seed and went on to win the program’s first Women’s College World Series with a 10-2 postseason run.
- Texas won the program’s first SEC Tournament title and fifth overall conference tournament crown on May 9.
- Junior first baseman Katie Stewart became the program’s first SEC Player of the Year after earning the award on May 8. Stewart is the fourth Longhorn to garner conference player of the year, joining Reese Atwood (2024), Taylor Thom (2014) and Amy Hooks (2011).
- Freshman RHP/DP Hannah Wells tied the program’s freshman home run record of 13, which was set by Katie Stewart in 2024.
- Against Oklahoma on April 10, junior RHP Teagan Kavan became the sixth player in program history to eclipse 500 career strikeouts. Kavan, who currently has 572 career strikeouts, joins Cat Osterman (2,265), Blaire Luna (1,428), Meagan Denny (988), Christa Williams (678) and Tiarra Davis (508) as the only players in program history to reach 500 career Ks. Kavan’s 572 career strikeouts rank fifth in program history.
All Eyes on the Longhorns
- Texas’ SEC Tournament Championship game vs. Alabama on May 9 was the most-watched college softball game this season, bringing in 847,000 viewers.
- Texas also had the top two most-watched regular season game this season vs. Georgia on April 19 with 725,000 viewers watching. The second-most watched college softball game this year was between the Longhorns and Oklahoma on April 11 when 700,000 tuned in.
- Three of Texas’ games were in the top 5 of college softball’s most viewed games during the regular season.
- Texas vs. Oklahoma on April 12 brought in 581,000 viewers, making it the third-most watched college softball game of the regular season.
Series History
- Texas and Wagner will be playing each other for the first time in history on Friday.
- Both Texas and Wagner received automatic bids to the NCAA Tournament after winning their conference tournament titles.
- Former Big 12 conference foes, Texas and Baylor have played 70 times with Texas leading the all-time series, 44-26.
- The Longhorns have won seven-straight games vs. the Bears.
- Texas and Wisconsin have played each other 11 times with Texas leading the all-time series, 8-3. The Horns and Badgers last played each other in 2023 with Texas winning two games, 7-4 and 5-1, in Austin.
SEC Tournament Champs!
- Texas won the program’s first SEC Tournament Championship on May 9 with a 7-1 victory over second-seed Alabama.
- Teagan Kavan was named the tournament’s MVP. Kavan, Viviana Martinez, Leighann Goode and Jaycie Nichols were selected to the All-Tournament Team.
- It was Texas’ fifth overall conference tournament title and the first conference tournament crown since 2005.
- The Longhorns have won five conference tournament championships (1999, 2002, 2003, 2005 and 2026) in seven of their championship game appearances (1999, 2002, 2003, 2005, 2023, 2024 and 2026). Texas earns its first conference tournament title under head coach Mike White. Under White, Texas has played in a conference tournament championship in three of the last four seasons. The Big 12 Conference did not host a conference tournament from 2011-2016.
NCAA Austin Regional Schedule (all game times listed in Central)
*More information about broadcast designations will be communicated throughout the week
Friday, May 15
12:30 p.m. – Game 1: Baylor vs. Wisconsin (ESPN+)
3 p.m. – Game 2: Texas vs. Wagner (ESPN+)
Saturday, May 16
12 p.m. – Game 3: Winner Game 1 vs. Winner Game 2
2:30 p.m. – Game 4: Loser Game 1 vs. Loser Game 2
5 p.m. – Game 5: Winner Game 4 vs. Loser Game 3
Sunday, May 17
12 p.m. – Game 6: Winner Game 3 vs. Winner Game 5
Game 7: Winner Game 4 vs. Loser Game 3 (if necessary)
Please note that game times are subject to change due to game length and a mandatory 35-minute break between each game.
-
Alabama1 minute agoWhere to watch Alabama softball vs Belmont today: Time, TV info
-
Alaska7 minutes ago
Leaks, mold, cold, sewage plague Anchorage apartments after California landlord took over
-
Arizona13 minutes agoBig 12 Track Championships: Arizona sweeps shot put titles, Sydnie Vanek wins long jump
-
Arkansas19 minutes ago
No. 5 Arkansas Run-Rules Fordham, 8-0 in Regional Opener
-
California25 minutes agoCommentary: L.A.’s cracked sidewalks are a symptom of a bigger breakdown. Does new plan offer real hope?
-
Colorado31 minutes agoColorado RattleCam crawling with venomous snakes you must see yourself
-
Connecticut37 minutes agoThey Rescued a Teardown and Raised the Roof
-
Delaware43 minutes agoNew Castle County housing prices slip from January