housing-authority-of-the-city-of-waco-meeting-minutes-2023-03-15_5ae.pdf
South Terrace Apartments Secures $5M in Rehabilitation Financing
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Description
South Terrace Waco, LP will receive up to $5 million in financing for the rehabilitation and equipping of 250-unit South Terrace Apartments, facilitated through tax-exempt governmental notes and related loan agreements.
Contract Details
Contract Amount
not to exceed $5,000,000 (loan amounts financed)
Vendor
SOUTH TERRACE WACO LP
Agency
Housing Authority of the city of Waco, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 15, 2023
Contract Term
Through loan maturity, not later than October 1, 2060
Renewal Date
2060-10-01
Renewal Info
Loan agreement governs repayment through stated maturity or possible refinancing prior to October 1, 2060.
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Related Contracts
Texas Department of Housing and Community Affairs Board Book 2026-05-07
AMENDEDhousing-authority-of-mcgregor-meeting-minutes-2023-03-15_1f4.pdf
APPROVEDhousing-authority-of-mart-resolution-2023-03-15_a09.pdf
APPROVEDhousing-authority-of-mcgregorresolution2023-03-15_bdc.pdf
APPROVEDhousing-authority-of-the-city-of-wacoresolution2023-03-15_99a.pdf
APPROVEDIssuing Agency
Housing Authority of the city of Waco
Local Housing Authority
Waco, TX
More from Housing Authority of the city of Waco
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