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HOUSTON — Fairstead has acquired Coolwood Oaks in Houston for $43.3 million. Financing included LIHTC equity and loans from a variety of sources including PNC Bank, Houston Housing Finance Corp. (HHFC) and the Texas Department of Housing and Community Affairs (TDHCA). Fairstead is planning a $14 million renovation of the affordable housing community, which consists of 10 buildings and 168 units for households earning no more than 60 percent of area median income. The property was developed in 1984. DNA Workshop will serve as architect and interior designer for the project.