FHLB AHP DECISION FULL
The latest makeover brought more spacious tramcars that accommodate 210 passengers, a full overhaul of its rail systems and a redesigned terminus at the heart of Hong Kong's central business district. The historic funicular, which dates back to 1888 and offers panoramic views of Hong Kong Island's famous skyline as it ascends to Victoria Peak, used to draw over six million visitors a year, according to its operator. The Peak Tram, Hong Kong's famed public transport and a popular tourist draw, reopened Saturday after a year-long $102 million facelift even as the city's coronavirus curbs continue to keep overseas visitors at bay. For more information, visit our website at. FHLB Dallas, with total assets of $63.5 billion as of December 31, 2021, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. We are local people making local decisions.Ībout the Federal Home Loan Bank of Dallas Our goal has always been to provide our customers with great solutions and services at the local level. Tensas State Bank has served Tensas and surrounding parishes since 1922. Hettrick said.įor more information about the AHP, visit /ahp.
"It’s great to see our member Tensas State Bank support New Hope CHDO’s efforts to rehabilitate and create a new beginning for this building and for the surrounding neighborhood with much-needed affordable housing," Mr. Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas, said the AHP provides an opportunity for its members to support affordable housing efforts in their communities. It began accepting applications for its 2022 funding round on April 4 and will accept them until May 12. The subsidies will help create 2,113 new or rehabilitated housing units, including $1.5 million for 102 units in Arkansas.īetween 19, FHLB Dallas has awarded $344.6 million in AHP and Homeownership Set-Aside Programs and has assisted nearly 60,000 households. In 2021, FHLB Dallas awarded $18.5 million in subsidies to 26 affordable housing projects. "We think it is an important landmark to preserve and are proud to be partnering with FHLB Dallas to provide a funding source," he said. Hawkins, president and CEO of Tensas State Bank, said the Brumfield project was particularly appealing because of its historical significance. "We’ve wanted to be a catalyst for affordable housing, and the AHP from Tensas State Bank and FHLB Dallas shows others share our vision," said Aaron Patten Jr., a board member with New Hope Missionary Baptist Church. New Hope CHDO purchased the building in April 2013. The property, which is on the National Register of Historic Places, eventually fell into disrepair and has been vacant since 2011. The school was later converted into an elementary school, eventually closed, and later reopened as apartments. The funds must be used to benefit households with incomes at or below 80 percent of the median income for the area.īuilt in 1925, the former Brumfield High School was a social center for the African-American community during racial segregation and its auditorium hosted jazz performances. The AHP subsidy will fund an environmental assessment of the property in preparation for a planned $7.2 million renovation of the building as an affordable apartment complex.ĪHP funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, and housing for homeless individuals. Tensas State Bank and FHLB Dallas awarded a $500,000 AHP subsidy to New Hope Missionary Baptist Church Community Housing Development Organization to renovate the former Brumfield High School in Natchez, Mississippi, into affordable apartments.
0 kommentar(er)
