equity investment | Bankers Digest

Broadway Bank Makes $4 Million Investment to Austin Housing Conservancy Fund

March 30, 2022 by Neil Ferguson

On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more

Frost Makes Equity Investment in Austin Housing Conservancy Fund

October 28, 2021 by Neil Ferguson

On October 25, San Antonio-based Frost Bank announced that it has made an equity investment of $500,000 into the Austin Housing Conservancy Fund (AHC) to support workforce-affordable rental housing in the rapidly growing Austin metropolitan area. AHC, founded in 2016, is an equity fund focused on purchasing multifamily properties and preserving them as affordable housing … Read more

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Bankers Digest is your source for Texas banking news and information, including bankers on the move, bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

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