Alamo Area Housing Finance Corporation Awards Financial Services Contract to Ec Terraces at Cibolo LLC (September 2026)
- Disclosed value
- Not to exceed $25,000,000 in multifamily housing revenue bond proceeds
- From agendapacket
- Approved
- Sep 20, 2026
The 30-second brief
The Alamo Area Housing Finance Corporation authorized a loan agreement with EC Terraces at Cibolo , LLC for the Terraces at Cibolo project. The financing will support acquisition, rehabilitation, and equipping of a 150-unit affordable multifamily facility through bonds of up to $25 million.
Ec Terraces at Cibolo LLC holds this financial services contract with Alamo Area Housing Finance Corporation. Its other public contracts on record include work for City of Boerne.
Term as filed: Loan financing expected to close in November 2026; bonds may mature not later than 40 years from issuance.
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Contract details
- Contract type
- Financial Services
- Amount
- Not to exceed $25,000,000 in multifamily housing revenue bond proceeds
- Document date
- September 20, 2026
- Term
- Loan financing expected to close in November 2026; bonds may mature not later than 40 years from issuance
- Source document
- Alamo Area Housing Finance Corporation AgendaPacket Board of Directors Meeting 2026-09-23 (AgendaPacket)
More Alamo Area Housing Finance Corporation contracts
Questions about this contract
Who was awarded the financial services contract by Alamo Area Housing Finance Corporation?
Ec Terraces at Cibolo LLC was awarded this financial services contract by Alamo Area Housing Finance Corporation, as recorded on September 20, 2026. The contract value is Not to exceed $25,000,000 in multifamily housing revenue bond proceeds.
How much is the Ec Terraces at Cibolo LLC contract with Alamo Area Housing Finance Corporation worth?
The Ec Terraces at Cibolo LLC contract with Alamo Area Housing Finance Corporation is valued at Not to exceed $25,000,000 in multifamily housing revenue bond proceeds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Alamo Area Housing Finance Corporation AgendaPacket Board of Directors Meeting 2026-09-23 (AgendaPacket), dated September 20, 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 Ec Terraces at Cibolo LLC hold?
Ec Terraces at Cibolo 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.