In late October, New American announced it expanded into the South Texas city of Corpus Christi. And the companies leadership is making waves in the mortgage market as its President and Co-Founder.
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The IDA granted the developer, Mill Creek Residential Trust LLC, a sales-tax exemption of up to $1.8 million on the purchase of construction materials, equipment and fixtures for the Mineola buildings.
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He said in a phone interview that he has started buying properties in Corpus Christi. “I’m trying to do a statewide operation,” Markman said. His partner, Fred Hobbs, is the owner of local mortgage.
Habitat for Humanity-Corpus Christi received a $100,000 donation Thursday from. They also must be financially stable to make the mortgage payments, she said. And the first step toward owning a home.
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