Federal Home Loan Bank of Dallas and Wells Fargo Bank Celebrate Grand Opening of Weslaco Affordable Apartments [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
Weslaco Village Apartments underwent an $18.9 million reconstruction to upgrade units for energy efficiency, upgrade to meet the American with Disabilities Act requirements and improve overall conditions at the property, which was more than 40 years old. The AHP grant was part of the financing for the project that enabled its successful completion. The apartments serve extremely low-income residents, of which 74 percent are female heads of households and 45 percent are under age 18, said Jacque Woodring, executive director and CEO at Prospera. "This is the common face of affordable housing today with these families often surviving on $36,000 or less in annual income," she said. "Today's grand opening gives South Texas families a place that they can feel proud to call home, and the AHP grant was a vital piece of the financing that made this project happen." AHP funds assist FHLB Dallas members in financing the purchase, construction and rehabilitation of owner-occupied, rental
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- 9/20/24 - Form 424B2
- 9/19/24 - Form 424B2
- 9/19/24 - Form 424B2
- WFC's page on the SEC website