CONTRACTAPPROVED

Alamo Area Housing Finance Corporation Awards Construction Contract to Envolve LLC (September 2026)

Alamo Area Housing Finance Corporation logoAlamo Area Housing Finance Corporation
Disclosed value
Not to exceed $25,000,000 in multifamily housing revenue bonds
From agendapacket
Approved
Sep 20, 2026

The 30-second brief

What it covers

The Alamo Area Housing Finance Corporation approved final financing for the Terraces at Cibolo project, developed by Envolve LLC. The project involves acquiring and rehabilitating a 150-unit multifamily housing facility, supported by bonds of up to $25 million and expected to close in November 2026.

Who holds it

Envolve LLC holds this construction contract with Alamo Area Housing Finance Corporation.

What happens next

Term as filed: Project 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
Construction
Amount
Not to exceed $25,000,000 in multifamily housing revenue bonds
Document date
September 20, 2026
Term
Project 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)

Envolve LLC's other public contracts

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Questions about this contract

Who was awarded the construction contract by Alamo Area Housing Finance Corporation?

Envolve LLC was awarded this construction 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 bonds.

How much is the Envolve LLC contract with Alamo Area Housing Finance Corporation worth?

The Envolve LLC contract with Alamo Area Housing Finance Corporation is valued at Not to exceed $25,000,000 in multifamily housing revenue bonds, covering construction work.

What type of contract is this?

This is a Construction 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 Envolve LLC hold?

Envolve 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.

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