FTK Completes $13.6MM LIHTC Renovation in Dallas

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FTK Completes $13.6MM LIHTC Renovation in Dallas

2026-02-19 02:39 Last Updated At：03:00

ALLEN, Texas--(BUSINESS WIRE)--Feb 18, 2026--

FTK Construction Services, a nationwide General Contractor specializing in Affordable Housing/LIHTC projects, is pleased to announce the completion of the rehabilitation at West Virginia Park, a 204-unit property located in Dallas, Texas. The Grand Reopening ceremony celebrating this event was held on January 22, 2026, and was attended by April Housing leadership, Blackstone Real Estate, PNC Bank, and the City of Dallas. The property was originally built in 2004 and features one, two and three bedroom apartments. The value of the contract is $13,687,175. The lender for the project is PNC Multifamily Capital.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260218724637/en/

The owner of the property is April Housing, a Blackstone Real Estate portfolio company. April Housing is one of the largest owners and preservers of affordable housing in the US. Since 2024, the company has successfully completed the preservation of more than 3,000 affordable homes across the country.

The renovations completed by FTK focused on April Housing’s goal of improving the overall resident experience across the property’s common spaces and 204 residential units, including:

"Housing is such a critical, life-altering part of stabilizing a community,” said Mark Frazier, FTK’s Chief Operating Officer. “We applaud April Housing's commitment to providing quality affordable housing across the nation, and our team is proud to support that goal by delivering quality renovations like this one at West Virginia Park."

About FTK Construction Services

FTK Construction Services is a premier nationwide full-service General Contractor, with three divisions of Multifamily expertise: Affordable Housing/Low-Income Housing Tax Credit (LIHTC) preservation projects, Multifamily Renovations and Disaster Services/Insurance related property damage restoration projects. FTK has completed or has in-process projects in 36 states to date, with over 7,500 rehabbed LIHTC units and over 30,000 total units completed in the last 25 years. To learn more, visit our website at ftkconstructionservices.com, and follow us on LinkedIn and Instagram.

One Extraordinary Photo: Silhouetted in Sunlight

LIVIGNO, Italy (AP) — Lindsey Wasson has worked for The Associated Press since 2023, based in Seattle. This is her fourth Olympics. She also covers news and enterprise throughout the Pacific Northwest and beyond, including the aftermath of the Maui wildfires and breaking news events like the Charlie Kirk assassination and the Vancouver Lapu-Lapu Day car attack.

I was assigned to be on the course for the men’s slopestyle final and was heading up with my crampons while the athletes were warming up when I noticed the sun was in just the right spot on the last jump to be able to potentially make a nice silhouette or two — something I hadn’t gotten a chance to try yet at this Olympics. Practice runs before events often give us the most time to play around and try something out that might be too risky for main competition in case the athlete crashes or totally nails their run and has a great celebration, so I decided to spend some time working the idea.

Because there were some light passing clouds, I knew I’d likely be able to get a rough outline of the sun if I stopped down more or less as much as the camera would allow. In this case, I was at f22 and 1/32000 on a 70-200 lens. I only had a short time to try this out and in that time only a few athletes hit their practice jumps in the right spot to cross the sun. There is a lot of trial and error with these types of photos.

Sometimes reducing sports to the most graphic elements and minimizing all the clutter that can be around the athletes during an Olympics (including drones!) is a great addition to our overall coverage.

AP Winter Olympics: https://apnews.com/hub/milan-cortina-2026-winter-olympics