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announced that it has provided a $32,226,600 FHA-insured loan to finance the construction of The Vic at southwinds apartment homes, a new market-rate 265-unit green-certified project in Baytown, Texas.
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Texas’s reluctance to embrace home equity loans is well-known; it was not until 1997 that Texas voted, through a ballot initiative, to amend the Texas Constitution to allow such loans.[1] But, when.