Alamo Area Housing Finance Corporation Awards Construction Contract to Envolve LLC (March 2026)
Alamo Area Housing Finance CorporationPublic Authority · San Antonio, TX- Disclosed value
- Total project budget approximately $51,859,641; tax credits approximately $16,238,112; revenue notes not to exceed $22,000,000
- From agendapacket
- Approved
- Mar 25, 2026
The 30-second brief
Alamo Area Housing Finance Corporation approved financing for Envolve LLC's Kerrville 3 Apartments acquisition and rehabilitation via Multifamily Housing Revenue Notes, Series 2026. The project budget is about $51.9 million with notes not to exceed $22 million and tax credits of roughly $16.2 million, supporting 220 affordable units in Kerrville, Texas.
Envolve LLC holds this construction contract with Alamo Area Housing Finance Corporation.
Term as filed: Notes maturity not to exceed forty (40) years from date of issuance; financing expected to close April 29, 2026.
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Contract details
- Contract type
- Construction
- Amount
- Total project budget approximately $51,859,641; tax credits approximately $16,238,112; revenue notes not to exceed $22,000,000
- Document date
- March 25, 2026
- Term
- Notes maturity not to exceed forty (40) years from date of issuance; financing expected to close April 29, 2026
- Vendor
- Envolve LLC
- Source document
- AAHFC Board of Directors Meeting Agenda March 2026 (AgendaPacket)
Envolve LLC's other public contracts
More Alamo Area Housing Finance Corporation contracts
Questions about this contract
Who was awarded the construction contract by Alamo Area Housing Finance Corporation?
Envolve LLC was awarded this construction contract by Alamo Area Housing Finance Corporation, as recorded on March 25, 2026. The contract value is Total project budget approximately $51,859,641; tax credits approximately $16,238,112; revenue notes not to exceed $22,000,000.
How much is the Envolve LLC contract with Alamo Area Housing Finance Corporation worth?
The Envolve LLC contract with Alamo Area Housing Finance Corporation is valued at Total project budget approximately $51,859,641; tax credits approximately $16,238,112; revenue notes not to exceed $22,000,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in AAHFC Board of Directors Meeting Agenda March 2026 (AgendaPacket), dated March 25, 2026 from Alamo Area Housing Finance Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Envolve LLC hold?
Envolve LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Alamo Area Housing Finance Corporation currently buying?
Explore Alamo Area Housing Finance Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
