ALLEN, Texas--(BUSINESS WIRE)--Feb 20, 2026--
Please replace the release dated February 18, 2026 with the following corrected version due to multiple revisions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260218724637/en/
The updated release reads:
FTK COMPLETES $13.6MM LIHTC RENOVATION IN DALLAS
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.
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.
FTK Construction Services is pleased to announce the completion of the renovation at a property in Dallas, Texas. Photographer: Joe Hernandez Photography
FTK Construction Services is pleased to announce the completion of the renovation at a property in Dallas, Texas. Photographer: Joe Hernandez Photography
WASHINGTON (AP) — The Environmental Protection Agency on Friday weakened limits on mercury and other toxic emissions from coal-fired power plants, the Trump administration’s latest effort to boost the fossil fuel industry by paring back clean air and water rules.
Toxic emissions from coal- and oil-fired plants can harm the brain development of young children and contribute to heart attacks and other problems in adults. The plants are also a major source of greenhouse gas emissions that drive climate change. The EPA announced the move at a massive coal plant next to the Ohio River in Louisville, Kentucky.
"The Trump EPA’s action follows the rule of law and will reduce of cost of generating baseload power, lowering costs and improving reliability for consumers," EPA Deputy Administrator David Fotouhi said in a statement. The agency said the change should save hundreds of millions of dollars.
The final rule reverts the industry to standards first established in 2012 by the Obama administration that have reduced mercury emissions by nearly 90%. The Biden administration had sought to tighten those standards even further after the first Trump administration had moved to undermine them.
Coal-fired power plants are the largest single human source of mercury pollutants. Power plants release the mercury into the atmosphere, which then falls in rain or simply by gravity, entering the food chain through fish and other items that people consume.
Environmental groups said the tightened rules have saved lives and made communities that live near coal-fired power plants healthier. But industry groups argued that the tougher standards, along with other rules that limited emissions from coal plants, made operating them too expensive.
They accused the Biden administration of piling on so many requirements that it would drive a rush of plant retirements.
“The reliability of the electric grid is in a better place because of the administration’s swift repeal of this rule. As crafted, the rule would have dealt a crippling blow to power plants that are essential to maintaining grid reliability,” said Jim Matheson, CEO of the National Rural Electric Cooperative Association.
The coal industry's outlook has changed dramatically in the last year.
In March, the EPA promoted the “biggest deregulatory action in U.S. history,” announcing their intention to peal back dozens of environmental protections. The Biden administration's focus on climate change was over — EPA Administrator Lee Zeldin said the actions marked “the death of the ‘green new scam.’” Fossil fuel rules were big targets, including major efforts to reduce carbon emissions from coal plants and mandate greenhouse gas reporting. The Trump administration has also extended deadlines for dozens of coal-fired power plants to comply with certain Clean Air Act rules.
Beyond fewer environmental protections, the Trump administration has issued emergency orders halting the planned shutdown of several coal plants. Officials say the plants produce consistent power during major storms or at other times when need is high. Removing coal would reduce the grid's reliability, especially at time when a rush of new data centers is demanding more than ever from the grid, they say. Officials have dismissed concerns about higher customer costs from keeping coal plants operating, their plentiful emissions and their significant contribution to climate change.
And earlier this month, the EPA revoked a finding that climate change is a threat to public health, which has long been the basis for U.S. action to regulate greenhouse gas emissions. Recently, President Donald Trump hosted a group of coal miners who honored him as the “Undisputed Champion of Beautiful, Clean Coal.”
Activists say favoring coal makes little sense at a time when renewables are cleaner, cheaper and reliable.
Gina McCarthy, who headed the EPA under former President Barack Obama, said the Trump administration will be remembered for helping the coal industry at the expense of public health.
“By weakening pollution limits and monitoring for brain-damaging mercury and other pollutants, they are actively spiking any attempt to make America - and our children – healthy,” said McCarthy, who is also the chair of the climate action group America Is All In.
Associated Press writer Matthew Daly contributed.
The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment.
FILE - The Gibson Power Plant, a coal-fired power plant, operates April 10, 2025, in Princeton, Ind. (AP Photo/Joshua A. Bickel, File)
FILE - The Jeffrey Energy Center coal-fired power plant operates near Emmett, Kan., Jan. 25, 2025. (AP Photo/Charlie Riedel, File)
