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Council backs $10 million rehab plan for PAM Apartments, staff says work will be phased to avoid wholesale displacement
Pampa City Commission · January 27, 2026
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Summary
The commission adopted R26-004 to support KCG Group’s plan to acquire and rehabilitate the PAM Apartments (1200 N. Wells) with an estimated $10 million in improvements and phase-by-phase rehabs intended to keep most tenants in place.
Kerry Rushing delivered a presentation on behalf of KCG Group proposing to acquire and rehabilitate the PAM Apartments at 1200 North Wells as an affordable-housing project.
Rushing said KCG, established in 2015, ranks among the larger affordable-housing developers and plans a roughly $10,000,000 investment in the property; he estimated…
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