Feature Photo: FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, has launched rehabilitation for a 204-unit property in Allen. Photo: Business Wire.
Dallas (Dallas County) — FTK Construction Services, a nationwide general contractor specializing in affordable housing/LIHTC projects, has launched the rehabilitation project for a 204-unit property in Allen.
The property, which was built in 2004, has one, two, and three-bedroom apartments. Its contract value is $13,687,175. PNC Multifamily Capital is the lender for the project.
The property’s owner is April Housing, a Blackstone portfolio company and leading provider of solutions and capital for creating and preserving high-quality, affordable housing throughout the United States.
This is FTK’s first project with April Housing. The construction completion date is December 2025.
Some of the included interior renovations will address the leasing office building and the units with paint, cabinetry, countertops, plumbing fixtures, flooring, light fixtures, and HVAC replacements. Exterior renovations will include new vinyl siding, paint, paving, playground improvements, landscaping, and more.
Jim Goodman, FTK’s CEO said, “We are very pleased to launch our first project with April Housing. They are a dedicated team of professionals, and we look forward to working together with them to preserve more affordable housing across the U.S.”
Edited from news release.
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