Amended development pact with NHPF West Main LLC
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Description
Frisco and the Frisco Community Housing Development Authority are executing a First Amendment with NHPF West Main, LLC for the 101 West Main Street affordable housing development. The amendment adjusts the income-based unit mix, aligns the agreement with a 9% LIHTC award, and sets new construction timelines without increasing the Town’s projected funding.
Contract Details
Vendor
NHPF WEST MAIN LLC
Agency
Town of Frisco, CO
Contract Type
FACILITIES
Document Date
October 28, 2025
Contract Term
Construction to commence by LIHTC closing deadline; completion within 18 months after start of construction
Renewal Info
First Amendment to a June 25, 2024 Second Amended & Restated Development Agreement; original agreement remains in effect as modified. Construction must begin by the LIHTC closing deadline and finish within 18 months of construction start.
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