-

Media Reminder: Grand Opening Celebration of Senior Housing in Gravette, Arkansas

***1:00 p.m., Tuesday, June 24, 501 Dallas Street SW, Gravette, Arkansas 72736***

GRAVETTE, Ark.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Arvest Bank will join Upward Housing and city dignitaries for a ceremonial ribbon cutting and grand opening celebration for Spavinaw Creek Senior Housing, an affordable housing development, at 1:00 p.m., Tuesday, June 24, 2025.

FHLB Dallas and Arvest Bank awarded Upward Housing a $1 million Affordable Housing Program (AHP) grant toward the construction of the $7.3 million rental complex for residents ages 55 and older.

Share

FHLB Dallas and Arvest Bank awarded Upward Housing a $1 million Affordable Housing Program (AHP) grant toward the construction of the $7.3 million rental complex for residents ages 55 and older. The one- and two-bedroom apartments are reserved for residents with incomes that are 30 percent to 60 percent of the area’s median income.

The media is encouraged to attend the ceremonial ribbon cutting event and tour.

Learn more about the AHP.

WHAT:

   

Grand opening celebration and tour

     

 

WHEN:

   

1:00 p.m., Tuesday, June 24, 2025

     

 

WHO: 

   

Virgil Miller, Arvest Bank

     

Jim Singleton, Arvest Bank

     

Mark Darst, Upward Housing

     

Karen Benson, City of Gravette

     

Bruce Hatton, FHLB Dallas

     

                       

WHERE: 

   

Spavinaw Senior Housing

     

501 Dallas Street SW

     

Gravette, Arkansas 72736

 

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, (214) 441-8445

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English
Hashtags
#affordablehousing

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, (214) 441-8445

Social Media Profiles
@FHLBDallas
More News From Federal Home Loan Bank of Dallas

Federal Home Loan Bank of Dallas Reports Fourth Quarter and Full Year 2025 Operating Results

DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (Bank) today reported net income of $126.2 million for the quarter ended December 31, 2025. In comparison, for the quarters ended September 30, 2025 and December 31, 2024, the Bank reported net income of $156.7 million and $174.4 million, respectively. For the year ended December 31, 2025, the Bank reported net income of $582.6 million, as compared to $726.6 million for the year ended December 31, 2024. Total assets at December 31, 2...

New Residential Community in Austin, Texas, Celebrates Grand Opening with $1.75M Affordable Housing Program (AHP) Grant from FHLB Dallas and Wells Fargo

AUSTIN, Texas--(BUSINESS WIRE)--Foundation Communities celebrated the grand opening of Juniper Creek, a new 110-unit family supportive housing development, made possible in part by a $1.75 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded in 2025 through member Wells Fargo. Juniper Creek builds on Foundation Communities’ model of offering affordable housing enriched with high-impact services for families and individuals with specializ...

FHLB Dallas and Community Bank of Mississippi Award $150K Grant to Mission First Inc. in Jackson, Mississippi

JACKSON, Miss.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Community Bank of Mississippi (Community Bank), awarded a $150,000 Pathway Fund grant to Mission First Inc. (Mission First) to help expand services to accessible, affordable legal aid in Hinds, Madison and Rankin counties in Mississippi. The grant, awarded today during a ceremonial check presentation at Community Bank’s offices in Jackson, Mississippi, will help Mission First assist homeowner...
Back to Newsroom