-

Media Advisory: FHLB Dallas and Texas Regional Bank to Celebrate Transformation of Historic Brownsville Hotel into 44-Unit Affordable Housing Community

***4:00 p.m., Wednesday, February 25, 1114 E. Levee St., Brownsville, Texas 78520***

BROWNSVILLE, Texas--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Regional Bank will join the Housing Authority of the City of Brownsville (HACB), the Brownsville Housing Opportunity Corp. (BHOC) and other community partners to celebrate the grand opening of the historic El Jardin as affordable apartments. The event will take place in downtown Brownsville, Texas. A $1.1 million Affordable Housing Program (AHP) grant from FHLB Dallas, through Texas Regional Bank, helped make this transformation possible.

Built in 1927 as a hotel, El Jardin had been vacant since the late 1980s before its latest transformation into a 44-unit affordable housing community. The new development preserves Brownsville, Texas’ architectural heritage while offering modern amenities.

AHP funds are awarded through FHLB Dallas member institutions like Texas Regional Bank and assist FHLB Dallas members in financing the purchase, construction and rehabilitation of owner-occupied, rental or transitional housing and housing for homeless individuals.

The media is encouraged to attend. There will be opportunities for photos and interviews. For more information about AHP, visit fhlb.com/AHP.

WHAT:

Grand Opening

 
WHEN:

4:00 p.m. CT, Wednesday, February 25, 2026

 

WHO:

Mayor John F. Cowen Jr., City of Brownsville

Anna Maria Farías, Texas Department of Housing and Community Affairs

State Representative Erin Gamez, D-38, Texas House of Representatives

Carla Mancha, HACB

Luis Eduardo Garduño, HACB & BHOC

Jesse A. Miller, HACB & BHOC

Patricio Sampayo, Former HACB Chairman & BHOC President

Peter Wycoff, Hunt Capital Partners LLC

Bruce Hatton, FHLB Dallas

 
WHERE:

1114 E. Levee St.

Brownsville, Texas 78520

Parking is available on the street.

 

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, 214.441.8445

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, 214.441.8445

More News From Federal Home Loan Bank of Dallas

FHLB Dallas and First National Bank Texas Celebrate Groundbreaking of Affordable Housing Community in Los Lunas, New Mexico

LOS LUNAS, N.M.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), First National Bank Texas (FNBT), NewLife Homes Inc. and local leaders today celebrated the groundbreaking of Plaza Luna Lofts, a housing development in Los Lunas, New Mexico, that will create 57 affordable apartment homes for adults 55 years and older. Supported in part by a $1.4 million Affordable Housing Program (AHP) grant, the project will expand housing options in a rapidly growing community, strengtheni...

$15K Grant From FHLB Dallas and FBT Bank & Mortgage Helps Arkansas Veteran Make Essential Home Repairs

BEARDEN, Ark.--(BUSINESS WIRE)--U.S. Army Reserve veteran Master Sergeant (Ret.) Jeffery Darrough, who served 26 years, including tours in Iraq and Kuwait, received a $15,000 Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to fund significant repairs in his longtime home. The grant was provided through FBT Bank & Mortgage, an FHLB Dallas member institution. Mr. Darrough, 59, first connected with FHLB Dallas and FBT Bank & Mortgage in...

FHLB Dallas and Woodforest National Bank Award $150K Grant to Mexican American Unity Council

SAN ANTONIO--(BUSINESS WIRE)--A $150,000 Pathway Fund grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to the Mexican American Unity Council (MAUC) will help families prevent and address heirs’ property issues in San Antonio, Texas. The grant was awarded through Woodforest National Bank® (Woodforest), an FHLB Dallas member financial institution. Heirs’ property refers to land or homes passed down without a will or clear title, often resulting in complicated shared ownership across...
Back to Newsroom