CONROE, TX–Harmony Housing, a nonprofit organization that owns and acquires affordable multifamily housing throughout the country, has acquired Park Village in Conroe.

“Park Village represents the second property that Harmony Housing has purchased in the Houston area in the last six months,” Kevin Deegan, vice president of acquisitions at Harmony Housing Advisors Inc., told GlobeSt.com. “As acquisition advisor to the nonprofit organization, we continue to be very bullish on the Houston economy and the market for affordable multifamily in the MSA and surrounding areas.

The other Houston-area property is Park at Fallbrook.

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