Frisco city council approves $70 million of tax-exempt WholeLife bonds

By Jennifer Chiou

New York, Feb. 17 – WholeLife Cos. announced that it received unanimous approval from the city council of Frisco, Texas, for the issue of $70 million of tax-exempt bonds, which will be used for the construction of WholeLife Frisco.

WholeLife Frisco is a WholeLife Traditions active adult community that will be built in two phases, according to a press release.

“We are thankful and profoundly honored to be working with the city of Frisco on this great addition to the area,” WholeLife founder and chief executive officer John B. Lowery said in the release.

Oklahoma City-based WholeLife is a developer of luxury rental living communities.

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