Santander To Fund St. John South Construction Loan
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Description
Santander is expected to provide a roughly $25.8 million senior construction loan to finance the 201-unit St. John South multifamily development. The financing will support delivery of deeply affordable units under a Public Facilities Corporation structure.
Contract Details
Contract Amount
Approximately $25,800,000
Vendor
SANTANDER
Agency
Austin Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 17, 2026
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