FINANCIAL_SERVICESAPPROVED

San Antonio Housing Authority Awards Financial Services Contract to Cedar Rapids Bank and Trust Company (December 2025)

The Board’s Central at Commerce financing plan designates Cedar Rapids Bank and Trust Company to provide up to approximately $38.6 million in permanent financing. The bank or an affiliate will purchase the Series 2026A Bonds after construction and convert them to long-term debt on the 279-unit project.

Status
APPROVED
Document date
December 10, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Cedar Rapids Bank and Trust Company
Agency
San Antonio Housing Authority · TX

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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

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed approximately $38,601,584
Contract type
FINANCIAL_SERVICES
Contract term
Permanent loan phase following construction and bond conversion
Renewal
Permanent financing will run for the term of the Series 2026A Bonds after conversion; specific maturity dates and renewal options are not detailed here.
Document type
Minutes
Source document
las_varas_public_facility_corporation_meeting_minu.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by San Antonio Housing Authority?

Cedar Rapids Bank and Trust Company was awarded this financial services contract by San Antonio Housing Authority, as recorded on December 10, 2025. The contract value is Not to exceed approximately $38,601,584.

How much is the Cedar Rapids Bank and Trust Company contract with San Antonio Housing Authority worth?

The Cedar Rapids Bank and Trust Company contract with San Antonio Housing Authority is valued at Not to exceed approximately $38,601,584, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in las_varas_public_facility_corporation_meeting_minu.pdf (Minutes), dated December 10, 2025 from San Antonio Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cedar Rapids Bank and Trust Company hold?

Cedar Rapids Bank and Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Cedar Rapids Bank and Trust Company's profile

What is San Antonio Housing Authority currently buying?

Explore San Antonio Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View San Antonio Housing Authority's profile

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