Town to secure $6.4M in loans with leasehold liens
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Description
The Town of Frisco plans to extend two loans to West Main Apartments LLLP totaling over $6.4 million, each secured by a leasehold deed of trust on the 101 West Main project. These municipal loans form part of the layered financing for the 52‑unit affordable housing development.
Contract Details
Contract Amount
$[5,400,000]; $[1,055,887] – two leasehold deeds of trust
Vendor
TOWN OF FRISCO
Agency
Town of Frisco, CO
Contract Type
FINANCIAL_SERVICES
Document Date
June 9, 2026
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Town of Frisco AgendaPacket 2026-06-09
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Town of Frisco AgendaPacket 2026-06-09
Town of Frisco AgendaPacket 2026-06-09
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