town-of-austinagenda2025-05-08_a16.pdf
Mary Lee Foundation: $4.5M Housing Loan Approval
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Description
Approval sought for a $4.5 million loan agreement with Mary Lee Foundation for the "Lamar Square Phase I - MLF" multifamily rental development, located near 1326 and 1328 Lamar Square Drive, Austin, Texas 78704. Funding is available in the Capital Budget of the Austin Housing Finance Corporation.
Contract Details
Contract Amount
$4,500,000
Vendor
MARY LEE FOUNDATION
Agency
Town of Austin, IL
Contract Type
Loan Agreement
Document Date
May 8, 2025
Contract Term
NA
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