Sweetwater Supports Major Upgrades at Applecreek Apartments with New Incentive

Sweetwater, Texas – Big improvements are underway at Applecreek Apartments, thanks to a new partnership between the Sweetwater Economic Development (SEED) and the property’s new owners. SEED has approved a performance-based incentive to help support the renovation and revitalization of this key housing complex in the heart of Sweetwater.

As part of the agreement, SEED will provide performance-based funding over five years, helping cover the costs of much-needed upgrades and long-term reinvestment in the property's 120 units. The support is tied to performance benchmarks to ensure a strong return on investment for the community.

Improvements to the units and common areas are expected to continue in the months ahead, improving the quality of life for future residents.

“Applecreek is an important part of our local housing stock,” said SEED staff. “This is about ensuring our residents have access to safe, comfortable, and attractive places to live. We’re excited to help move this project forward.”

Investing in Applecreek is part of SEED’s broader strategy to strengthen housing options across Sweetwater—improving existing properties, encouraging new development, and making the community an even better place to call home.

To learn more about SEED and Sweetwater’s growth, visit www.sweetwatertexas.net or contact the SEED office.