In July, DMA Development received allocations of Housing Tax Credits from the Texas Department of Housing and Community Affairs to develop Bailey Square, a 56-unit multifamily community in Cuero, and The Trails at Carmel Creek, a 61-unit senior (age 55+) community in Hutto, TX. DMA plans to begin construction on Bailey Square in late January 2014, with occupancy targeted for October 2014. Construction will begin on The Trails at Carmel Creek in May 2014, with a targeted opening date of March 2015.