Partners Celebrate Groundbreaking of Multifamily Development for Older Adults
Trustmark National Bank (Trustmark), the Federal Home Loan Bank of Dallas (FHLB Dallas), Gulf Coast Housing Partnership (GCHP) and others gathered this week to celebrate the groundbreaking of The Pearl, an affordable housing complex and healthcare clinic for older adults in Jackson, Mississippi.
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Representatives joined to celebrate the groundbreaking of a new affordable housing development in Jackson, Mississippi, that received a $750,000 subsidy from Trustmark National Bank and the Federal Home Loan Bank of Dallas. (Photo: Business Wire)
Gulf Coast Housing Partnership received a $750,000 Affordable Housing Program (AHP) subsidy from Trustmark and FHLB Dallas to assist with the funding of the $28 million adaptive reuse project. A Holiday Inn built on the 14-acre site in the 1960s will be re-adapted and renovated into 72,000 square feet of affordable housing with an onsite healthcare…