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Saratoga Springs Officials Celebrate New Affordable Housing Complex
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Governor Cuomo Announces Completion of $20 Million Affordable and Supportive Housing Development in Saratoga Springs
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Sophia Teves Handmade Jewelry Takes Expression and Confidence To The Next Step
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Promenade Apartments Receives $375K to Renovate Rental Complex
January 6, 2021 GMT
MOUNTAIN HOME, Ark. (BUSINESS WIRE) Jan 6, 2021
First Security Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $375,000 Affordable Housing Program (AHP) subsidy to Promenade Apartments to rehabilitate 46 rental units in the Mountain Home, Arkansas, area.
“These single-family units were built in 1985, and are in need of upgrades,” said Thomas Embach, the owner and developer of Promenade Apartments, an Arkansas limited partnership that provides affordable housing to low-income seniors. “We would like to thank First Security Bank and FHLB Dallas for funding the total cost of the rehabilitation project.”