Chestnut Neighborhood Revitalization Corporation (CNRC) is a 501(c)(3) nonprofit organization community development corporation based in Austin, Texas. Established in 2000, CNRC aims to address affordable housing in the Austin area, namely for low- and middle-income families.
CNRC has conducted a number of development projects that have helped transform Austin into a more affordable area, such as a 22 unit affordable housing project. More recently, CNRC has partnered with Pegasus Planning and Development and the Big Red Dog to develop The Chicon, which has revitalized the Community Corridor area in East Austin.
To address affordable housing for low- and middle- income households
Bringing affordable housing to the Austin area with mixed-use, high density development