New affordable housing in Sherman

By: Jalah Gray Email
By: Jalah Gray Email

SHERMAN, TX - A new affordable housing community opened up in Sherman today.

"We have weathered the storm pretty well although we haven't come out unscathed, there's some folks in our community that have lost their jobs, there's some folks in our community who aren't making the money they were making 5 years ago." said Bill Magers.

Mayor Bill Magers says Steeple Chase Farms is a perfect addition to the city of Sherman, because having a safe place to call home is a simple thing everyone deserves.

"One of the most basic services that a city can provide is shelter for it's residents and this property allows folks of various incomes to afford a quality place to live." Magers said.

After about a year of construction the 156 unit apartment complex is now open to the public.
It sits off F.M. 1417 just south of highway 56, and offers a variety of amenities for residents.

"Unbelievable facility, when Dischinger Development came to the city of Sherman their first question was what can we do to improve the quality of life for Sherman residents." said Magers.

"What we try to do is build a quality class A product that people who have a low wage job can afford to live in and it's our philosophy that people deserve a quality place to live no matter what their income." said owner, Chris Dischinger.

The property has spacious 1, 2 and 3 bedrooms, that include all kitchen appliances, and washer dryer connections.
There's also a movie theatre room, outdoor pool, and playground for children, but affordable housing means you'll have to qualify first.

"It's based on income, so you come in and meet with the management staff and then based on how much money you make you qualify, and we have some different ranges of homes that vary a little bit on price." Dischinger said.

"The reality is that in a town like Sherman we have different income means and different income means and different income levels, this particular development allows folks that perhaps couldn't afford a home a quality place to live." said Magers.

Again, every resident has to apply and qualify based on their income.
For more information click on the link below.

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