Housing Tax Credits Awarded for Senior Community in Midlothian

At its September 15th Board Meeting, the Texas Department of Housing and Community Affairs (TDHCA) allocated $1,012,000 in Housing Tax Credits to DMA Development Company for the development of The Terrace at MidTowne, a 92-unit senior community to be located on George Hopper amid the MidTowne Planned Community in Midlothian, Texas. The Terrace will feature a two-story elevator building with community amenities and offer 52 units and 40 college units with attached carports.

DMA closed on the 7-acre parcel in December and construction is expected to being in April 2012. Architectural services are being provided by Nelsen Partners of Austin, while construction is being handled by Carleton Construction of Dallas.