Members in the News
Shackelford Law Firm hires three attorneys for affordable housing team
From PR.com Dallas, TX, December 19, 2019 --(PR.com)-- Dallas-based law firm Shackelford, Bowen, McKinley & Norton, LLP, has added three attorneys to its affordable housing team. Donald Cunningham, Jr. will head up their new Baton Rouge, Louisiana office. Kara...
KeyBank originates $20M loan for Steele Properties’ affordable housing community in Temple
MEMBERS IN THE NEWS: Steele Properties has acquired Wayman Manor in Temple, Texas. Yardi Matrix data shows Treetop Development sold the 160-unit affordable community after four years of ownership. KeyBank Community Development Lending and Investment originated a $19.6 million construction and permanent loan for the new owner.
AMTEX closes financing and starts construction on 225 apartments for seniors in Austin
AMTEX Multi-Housing, LLC, closed financing and started construction on Limestone Ridge Apartments in Austin, an affordable housing community for seniors.
Franklin Development among affordable housing developers to receive approval from San Antonio City Council
TAAHP member Franklin Development received approval for its planned affordable housing development at 3830 Parkdale in the Medical Center area of San Antonio.
Brownstone Affordable Housing receives $12.4 million loan approval for South Rice Apartments in Houston
TAAHP member Brownstone Affordable Housing gets approval for a $12.4 million loan to build its South Rice Apartments — and affordable housing apartment community in Houston.
Texas Capital Bank Investing in Affordable Housing in Austin
CBS Austin News is reporting that TAAHP member Texas Capital Bank is the first bank to invest in Affordable Central Texas’ vision to buy existing local apartment communities with the goal of keeping the rents affordable.
The NRP Group Gets Zoning Approval for Affordable Housing in McKinney
From Community Impact The City of McKinney approved a rezoning request by TAAHP member The NRP Group to build affordable housing near the southeast corner of Collin McKinney Parkway and Craig Drive. The NRP Group is planning for a 206-unit affordable housing community...
AMTEX affordable housing Green Oaks Apartments breaking ground Nov 14th
AMTEX will host a groundbreaking ceremony for Green Oaks Apartments, an affordable multifamily housing development located at 1475 Gears Road, Houston, on Nov. 14 at 10 a.m.. AMTEX affordable housing Green Oaks Apartments Development is designed to close the substantial shortage of affordable housing units in Houston.
Cohen-Esrey Development Group Closes on $26 Million in Funding for Texarkana Hotel Grim Redevelopment
MEMBER IN THE NEWS: Cohen-Esrey Development Group closed on the financing of the $26 million redevelopment of the Grim Hotel in Downtown Texarkana.
Wells Fargo Donating $1 Billion to Affordable Housing
From Good News Network Wells Fargo has committed to donating $1 Billion to non-profit organizations that develop affordable housing across the United States over the next six years. This comes after the bank donated $444 million to affordable housing non-profit...
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