AHFC to Pay Off Villa del Rey Loan Balance
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Description
The Austin Housing Finance Corporation Board is asked to authorize payment of up to $2,428,685 to Broadway National Bank to retire the remaining balance on a commercial loan used to acquire and repair the Villa del Rey multifamily complex. The payment will be funded from the corporation’s FY 2025-2026 Capital Budget.
Contract Details
Contract Amount
Not to exceed $2,428,685
Vendor
BROADWAY NATIONAL BANK
Agency
City of Austin city, TX
Contract Type
FINANCIAL_SERVICES
Document Date
November 6, 2025
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