-

Media Advisory: Congresswoman Flores to Tour Weslaco Village Apartments

***9:00 a.m. Wednesday, August 17, 1601 South Bridge Avenue, Weslaco, TX 78596***

WESLACO, Texas--(BUSINESS WIRE)--The site where new affordable apartments will be built in Weslaco, Texas, will get a visit from U.S. Representative Mayra Flores on Wednesday. The apartments are being torn down to make way for the $16.5 million reconstruction of Weslaco Village Apartments. The project was helped by a $750,000 Affordable Housing Program (AHP) subsidy from Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas).

The media is encouraged to attend a celebration of the AHP subsidy and join in a tour of the existing property. Congresswoman Flores, R-TX, will be joined by the organization that received the subsidy – Prospera Housing Community Services, representatives from FHLB Dallas and city officials.

AHP 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. In 2021, FHLB Dallas awarded $18.5 million in subsidies to 26 affordable housing projects to help create or rehabilitate 2,113 housing units. A new round of funding will be awarded in the fall. For more information about AHP, visit fhlb.com/ahp.

WHAT:

       

Tour of affordable housing site

 

       

 

WHEN:

       

9:00 a.m. – 10:00 a.m., Wednesday, August 17, 2022

 

       

 

WHO:

       

Mayra Flores, U.S. representative, Texas’ 34th District

 

       

Gilbert Piette, executive director of Prospera Housing Community Services

Jacque Haas Woodring, chief of staff, Prospera Housing Community Services

Rebeka de la Fuente, planning and code enforcement director, city of Weslaco

 

       

Eric Haar, director of Government and Industry Relations, FHLB Dallas

 

       

Bruce Hatton, Affordable Housing Program manager, FHLB Dallas

WHERE:

       

Community room of Weslaco Village Apartments

 

       

1601 South Bridge Avenue, Weslaco, TX 78596

 

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
(214) 441-8445

Federal Home Loan Bank of Dallas


Release Versions

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
(214) 441-8445

More News From Federal Home Loan Bank of Dallas

Media Advisory: FHLB Dallas and Arvest Bank to Celebrate Opening of Harrison Estates Senior Housing in Harrison, Arkansas, Assisted with $1.5M Grant

HARRISON, Ark.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and Arvest Bank will celebrate the grand opening of Harrison Estates Senior Housing, the first affordable senior housing development in the area in more than a decade. The event will feature a ribbon cutting and tours of the new units. A $1.5 million Affordable Housing Program (AHP) grant from FHLB Dallas, provided through Arvest Bank, helped make the $11 million development possible. The media is encouraged to...

FHLB Dallas and Bonvenu Bank Provide $9K Grant to Help Louisiana Nonprofit Expand Transitional Housing and Life Skills Support for Women and Children

MINDEN, La.--(BUSINESS WIRE)--A $9,000 Partnership Grant Program (PGP) award from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member Bonvenu Bank will help Phillip’s Cottage, a nonprofit providing transitional housing and support for women with children, expand its services. The funds are part of $1.8 million in PGP funds awarded in 2026 by FHLB Dallas and members in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas, and will enhance life skills program...

The Federal Home Loan Bank of Dallas and Members Award $703K to 19 Louisiana Community Organizations

NEW ORLEANS--(BUSINESS WIRE)--Twenty-six Louisiana community-based organizations received a combined $702,633 in grants from the Federal Home Loan Bank of Dallas’ (FHLB Dallas) Partnership Grant Program (PGP), part of more than $1.8 million awarded across FHLB Dallas’ five-state region. The Louisiana grants were celebrated today during an event in New Orleans, Louisiana, as FHLB Dallas marked the program’s 30th anniversary. The grants were awarded in partnership with 18 member institutions. “Th...
Back to Newsroom