Austin Affordable Housing Corporation Board Meeting Agenda May 2026
Bellwether To Finance Bridge at Eastside Acquisition
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Description
Bellwether is slated to provide up to $71 million in Fannie Mae permanent financing at an estimated 5.20% interest with a 35-year amortization for AAHC’s acquisition of AMLI Eastside Apartments. The financing will support long-term operation and affordability of the Bridge at Eastside development.
Contract Details
Contract Amount
Not to exceed $71,000,000
Vendor
BELLWETHER
Agency
Austin Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 17, 2026
Contract Term
35-year amortization
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