OTHERAWARDED

AAHC, Belveron Acquire Bridge at Eastside for $88.75M

The Austin Affordable Housing Corporation and Belveron Partners will jointly acquire the 290-unit Bridge at Eastside Apartments for $88.75 million, with Belveron contributing $20M equity. This partnership aims to preserve affordability in downtown Austin.

Status
AWARDED
Document date
June 16, 2026
Contract type
OTHER
Vendor
Belveron Partners
Agency
Austin Housing Authority · TX

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$88,750,000 (purchase price); $20,000,000 equity investment; $71,000,000 loan; $1,500,000 capital set aside
Contract type
OTHER
Renewal
This is a partnership agreement for property acquisition and management; equity investment and financing terms described. Equity and property management partnership may renew based on future projects.
Document type
AgendaPacket
Source document
Housing Authority of the City of Austin Agenda Packet 2026-06-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Austin Housing Authority?

Belveron Partners was awarded this government contract by Austin Housing Authority, as recorded on June 16, 2026. The contract value is $88,750,000 (purchase price); $20,000,000 equity investment; $71,000,000 loan; $1,500,000 capital set aside.

How much is the Belveron Partners contract with Austin Housing Authority worth?

The Belveron Partners contract with Austin Housing Authority is valued at $88,750,000 (purchase price); $20,000,000 equity investment; $71,000,000 loan; $1,500,000 capital set aside.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Housing Authority of the City of Austin Agenda Packet 2026-06-16 (AgendaPacket), dated June 16, 2026 from Austin Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Belveron Partners hold?

Belveron Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Belveron Partners's profile

What is Austin Housing Authority currently buying?

Explore Austin Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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