Amendment Adds $1M to Huntwick Avenue Affordable Housing Loan
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Description
The board approved an amendment to the loan agreement with Corpus Christi Huntwick Avenue LP for the Palo Verde Senior Apartments project, adding $1 million from the Type B Affordable Housing Fund to support development of 75 affordable senior living units.
Contract Details
Contract Amount
$1,000,000
Vendor
CORPUS CHRISTI HUNTWICK AVENUE LP
Agency
City of Corpus Christi city, TX
Contract Type
OTHER
Document Date
January 12, 2026
Renewal Info
Amendment increases project funding; prior loan agreement exists; FY 2026 budget revised for this action.
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