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FINANCIAL_SERVICESPENDING

Austin Affordable Housing Corporation Board Meeting Agenda May 2026

AAHC, Belveron Partner on Eastside Acquisition

$20,000,000 equity investment plus $1,500,000 capital reserveAustin Housing AuthorityBELVERON PARTNERSMay 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Austin Affordable Housing Corporation intends to partner with Belveron Partners on the $88.75 million acquisition of AMLI Eastside Apartments, with Belveron providing about $20 million in equity and $1.5 million for capital needs. The transaction will preserve and deepen affordable housing near downtown Austin.

Contract Details

Contract Amount

$20,000,000 equity investment plus $1,500,000 capital reserve

Vendor

BELVERON PARTNERS

Agency

Austin Housing Authority, TX

Contract Type

FINANCIAL_SERVICES

Document Date

May 17, 2026

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Housing Authority of the City of Austin Board Meeting Agenda Packet May 2026

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austin_affordable_housing_corporation_board_meetin.pdf

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austin_affordable_housing_corporation_board_meetin.pdf

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housing_authority_of_the_city_of_austin_regular_bo.pdf

APPROVED
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