Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $750K to CC Housing for Senior Affordable Housing Development [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
Home Loan Bank of Dallas (FHLB Dallas) and Rio Rancho, New Mexico, dignitaries joined CC Housing, a subsidiary of Catholic Charities last week for the groundbreaking ceremony for Felician Villa Apartments, a senior housing complex in Rio Rancho. FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction. CC Housing, a housing nonprofit organization based in Albuquerque, New Mexico, provides affordable housing options to low-income and special-needs families and individuals across New Mexico. Completion of the Felician Villa Apartments development will include 132 newly constructed one- and two-bedroom units that will be used by seniors 55 and older of all beliefs and backgrounds. It will be located within 500 feet of Meadowlark Senior Center, which offers reduced-cost meals and educational seminars for health and wellness. The gross residential area for the apartments is 47,712 square feet. "We are s
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- 4/26/24 - Form 424B2
- WFC's page on the SEC website