During its 2020 Virtual Annual Conference, NALHFA presented the Garland Housing Finance Agency with an Award of Redevelopment Excellence award in recognition of the City Square Lofts development. The long vacant and blighted former Bank of America Tower was transformed from an obsolete 6 story office/bank building to this truly innovative and unique development in the heart of Garland. The development is a centerpiece of a downtown community revitalization plan implement by the City. Development is in two phases, with the first phase now completed. It is transformational for Downtown Garland which has invested heavily in improving public infrastructure and developing properties around light rail presence in Downtown Garland. Reaction from the community has been overwhelmingly positive with immediate lease up upon opening.