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San Antonio Nonprofit Receives Funding for Affordable Housing Remix


Press release content from Business Wire. The AP news staff was not involved in its creation.
San Antonio Nonprofit Receives Funding for Affordable Housing Remix
April 15, 2021 GMT
The San Antonio development, which received an AHP subsidy from Wells Fargo and FHLB Dallas, includes demolition of one apartment complex and rehabilitation of another to create an affordable housing complex to be called The Arbors at West Avenue. (Photo: Business Wire)
The San Antonio development, which received an AHP subsidy from Wells Fargo and FHLB Dallas, includes demolition of one apartment complex and rehabilitation of another to create an affordable housing complex to be called The Arbors at West Avenue. (Photo: Business Wire) ....

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Prospera Housing Community Services Receives $750K Subsidy to Repair Damages Caused by Hurricane Harvey


Press release content from Business Wire. The AP news staff was not involved in its creation.
Prospera Housing Community Services Receives $750K Subsidy to Repair Damages Caused by Hurricane Harvey
December 11, 2020 GMT
VICTORIA, Texas (BUSINESS WIRE) Dec 11, 2020
Texas Capital Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Housing and Community Services, Inc. dba Prospera Housing Community Services (PHCS) to help offset costs of repairs from damage caused by Hurricane Harvey in 2017 to Fox Run Apartments.
In late August 2017, Hurricane Harvey struck the Houston area. Fox Run Apartments, a 150-unit affordable housing complex in Victoria, Texas, suffered more than $14 million in damages resulting in 14 buildings and more than 50 units deemed uninhabitable due to water penetration. Fox Run’s residents – families and individuals who earn less than $34,400 a year – were moved of ....

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