Associated Bank announces $58.2M funding for affordable housing project construction in Terrell, Texas

DALLAS - August 26, 2026 - Associated Bank, as lead arranger and administrative agent, announced completion of a $58,220,000 loan to Dominium, a national developer, owner and manager of affordable housing, for construction of Terrell Family Apartments at 1010 Rose Hill Road in Terrell, Texas. The 4-percent LIHTC project will be available to residents with incomes that do not exceed 60 percent of the area median income. Great Southern Bank was a direct participant in the financing package.

Located on 30 acres 30 miles east of Dallas, the high quality, 350-home build-to-rent project will primarily consist of three- and four-bedroom floorplans in 190 single-story buildings, providing much-needed workforce and family housing in the rapidly growing Terrell market. Residents will enjoy a robust amenity package designed to support families and create a high-quality living experience. Community features will include a clubhouse, fitness center, swimming pool, outdoor gathering spaces, playgrounds and a private school bus shelter. In addition, residents will have access to approximately 15 hours of free weekly tutoring services tailored to their needs. Completion is slated for Q2 of 2029.

Founded in 1972, Dominium is a purpose-driven leader in affordable housing, dedicated to addressing the nation's housing crisis through lasting and impactful solutions. With offices in Atlanta, Dallas, Phoenix, and Minneapolis, they own, develop and manage more than 40,000 homes across more than 220 communities nationwide.

Randy Stille, a senior vice president with Associated Bank's Commercial Real Estate division in Minneapolis, managed the loan arrangements and closing. "We are pleased to provide financing for another affordable Dominium project in Texas that will contribute high-quality housing for the growing Dallas suburb of Terrell."

Associated Bank's Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. The division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas and Wisconsin.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of approximately $52 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 200 banking locations throughout Wisconsin, Illinois, Iowa, Minnesota, Missouri and Nebraska.The Company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.