state_housing_board_meeting_agenda_october_21_2025.pdf
Town of Frisco land lease carryback loan commitment
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Description
The Town of Frisco committed a $5,390,000 land lease carryback loan at 1% interest over 40 years to support the 101 W. Main St. affordable housing project, largely funded through the Proposition 123 land banking program. This municipal financing underpins the project’s ground lease structure.
Contract Details
Contract Amount
$5,390,000.00
Vendor
TOWN OF FRISCO
Agency
Division of Housing, CO
Contract Type
FINANCIAL_SERVICES
Document Date
October 21, 2025
Contract Term
40 years
Renewal Date
2065-08-12
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APPROVEDstate_housing_board_meeting_agenda_october_21_2025.pdf
ONGOINGstate_housing_board_meeting_agenda_october_21_2025.pdf
ONGOINGstate_housing_board_meeting_agenda_october_21_2025.pdf
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