Citrine Development

Citrine Development is a woman-owned affordable housing development and consulting firm based in Austin, Texas.
We believe everyone deserves a special place to call home, regardless of their income.
Let’s work toward creating livable, affordable communities together.
Who We Are
About The Founder
After spending a summer studying international housing policy at the University of Amsterdam, Teresa Bowyer was inspired to launch Citrine Development and find “out of the box” solutions to the affordable housing crisis happening back in Austin and across the US.
To date, Teresa has led the development of more than 1,000 affordable and mixed-income units in rental and ownership communities across Texas using a variety of funding programs - including LIHTC, private activity bonds, CDBG-DR, and HOME.
Whether you’re looking for affordable consulting, fractional development services, or long-term project partnership, Citrine is well-equipped to help you with your specific affordable housing needs.
What’s New
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Live + Make Apts
66 affordable rental units + community art space
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Vera Condos
70 ownership units on South Congress