Wildflower Terrace Grand Opening
On May 1, 2012, DMA Development Company celebrated the Grand Opening of Wildflower Terrace, a 201-unit mixed-income residential community serving Age 55+ in the new Mueller Redevelopment neighborhood in Austin, TX. Among the 150 people on hand were honored guests Texas State Representative Dawnna Dukes, City Council Member Mike Martinez, and TDHCA Board Member Lowell Keig. Wildflower Terrace was financed through the Housing Tax Credit Program with Housing Tax Credits issued by TDHCA and purchased by RBC Housing Capital. Construction lending was provided by Chase Bank and permanent financing was provided by Enterprise Mortgage.
Following the speeches and ribbon-cutting, guests were treated to an art collage project in the Wildflower Art Studio, enjoyed Caricatures by Kevin in the Theater, and took tours of the building and model units, complete with a light lunch of sandwiches, delicious empanadas, and a cupcake bar.