First Financial Bank has announced a $5.5 million investment to support the Landmark at Abilene senior housing project. The historic renovation of the former Travis Elementary School at 1101 S. 9th Street in Abilene, Texas will involve converting and expanding the building into 29 affordable housing units for senior citizens.
Landmark at Abilene will occupy nearly a full block in the Original Town South neighborhood, with plans to redevelop the entire site. The restored property will include amenities such as a community room, dog park, picnic area, theater room, walking trail, and a courtyard for the residents.
“First Financial is proud to support this important project for Abilene,” said F. Scott Dueser, President and CEO of First Financial Bankshares, Inc. “This historic rehabilitation will provide more access to quality affordable housing for senior citizens, while also restoring a cherished piece of Abilene history. It’s an honor to help bring this positive addition to our community.”
The Travis Elementary project is being led by Overland Property Group (OPG), a developer with extensive experience constructing affordable housing, senior housing, and historical renovations. The project is made possible by tax-credit funding from Texas Department of Housing & Community Affairs (TDHCA) and partnerships with the Midwest Housing Equity Group and First Financial Bank.
Since 1890, First Financial has been serving the financial needs of their customers. Not just through good times, but during difficult years too. They survived the Great Depression, the collapse of the Texas economy in the 1980s, and the Great Recession. Throughout it all, they remain a place of stability and trust for our customers. While other banks have come and gone, First Financial continues to grow through acquisitions, new branches, and the expansion of services.
