Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $750K to CC Housing for Senior Affordable Housing Development

RIO RANCHO, N.M.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Rio Rancho, New Mexico, dignitaries joined CC Housing, a subsidiary of Catholic Charities last week for the groundbreaking ceremony for Felician Villa Apartments, a senior housing complex in Rio Rancho. FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction. CC Housing, a housing nonprofit organization