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Housing board cements plans for senior adults housing complex

Plans for an affordable housing complex for senior adults received some financial cementing to its foundation Tuesday. During their regular monthly meeting, members of the Housing Authority of Texarkana, Texas Board of Commissioners heard a presentation by David Kelly of the Dallas-based Carleton Residential Properties on HATTs proposed Renaissance Plazas. Kelly said the entire project has a projected cost of $11.3 million. To get the project started, the board agreed to borrow up to $5 million from Century Bank as well as borrow another $3 million in permanent financing funds from Collateral ...
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