Media Advisory: FHLB Dallas and Comerica Bank Celebrate New Affordable Housing for Seniors in Houston’s Historic Third Ward

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HOUSTON--(BUSINESS WIRE)--Sep 15, 2025--

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Comerica Bank will join New Hope Housing and other community partners at the grand opening of New Hope Housing Gray, a 135-unit affordable housing development for seniors aged 55+ in Houston’s historic Third Ward.

FHLB Dallas and Comerica Bank awarded New Hope Housing a $2 million Affordable Housing Program (AHP) grant toward the development, with 81 units reserved for very low-income seniors and 54 for low-income residents.

In addition to housing, the development will include a free Montessori preschool operated by Bezos Academy, serving 40 local children annually, and a suite of services for residents, including financial literacy, workforce preparation and mental health support.

The media is encouraged to attend the grand opening. Opportunities for photos and interviews will be available.

For more information about AHP, visit fhlb.com/AHP.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250915591427/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com, (214) 441-8445

KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE BUILDING SYSTEMS OTHER PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY FINANCE BANKING PROFESSIONAL SERVICES PHILANTHROPY SENIORS FUND RAISING URBAN PLANNING FOUNDATION OTHER PHILANTHROPY CONSUMER OTHER CONSTRUCTION & PROPERTY

SOURCE: Federal Home Loan Bank of Dallas

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PUB: 09/15/2025 12:45 PM/DISC: 09/15/2025 12:46 PM

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