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Affordable Apartments Receive $1M Grant from FHLB Dallas and Arvest Bank
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The Federal Home Loan Bank of Dallas (FHLB Dallas) joined its member institution, Arvest Bank, and other community leaders to cut the ribbon on Spavinaw Creek Senior Housing, a facility made possible in part by a $1 million Affordable Housing Program grant.
GRAVETTE, Ark.--(BUSINESS WIRE)--Jun 25, 2025-- Spavinaw Creek Senior Housing, which was built with the help of a $1 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Arvest Bank, celebrated its grand opening today in Gravette, Arkansas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250625578771/en/ The Federal Home Loan Bank of Dallas (FHLB Dallas) joined its member institution, Arvest Bank, and other community leaders to cut the ribbon on Spavinaw Creek Senior Housing, a facility made possible in part by a $1 million Affordable Housing Program grant.