Austin Housing Authority Awards Financial Services Contract to BERKADIA (May 2022)
Austin Housing AuthorityLocal Housing Authority · Austin, TX- Disclosed value
- Short-term bridge loan not to exceed $85,000,000 at approximately 4.15% interest
- From agenda
- Approved
- May 19, 2022
The 30-second brief
Berkadia supplied a short-term bridge loan of up to $85 million at approximately 4.15% interest to finance the Haywood Apartments acquisition during the certificate of occupancy phase. The loan bridged to planned permanent Fannie/Freddie financing.
BERKADIA holds this financial services contract with Austin Housing Authority. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Leesburg village.
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Contract details
- Contract type
- Financial Services
- Amount
- Short-term bridge loan not to exceed $85,000,000 at approximately 4.15% interest
- Document date
- May 19, 2022
- Vendor
- BERKADIA
- Agency
- Austin Housing Authority
- Source document
- austin-housing-authority-agenda-communitycare-clinic-multifamily-housing-approvals-may-19-2022_498.pdf (Agenda)
BERKADIA's other public contracts
More Austin Housing Authority contracts
Questions about this contract
Who was awarded the financial services contract by Austin Housing Authority?
BERKADIA was awarded this financial services contract by Austin Housing Authority, as recorded on May 19, 2022. The contract value is Short-term bridge loan not to exceed $85,000,000 at approximately 4.15% interest.
How much is the BERKADIA contract with Austin Housing Authority worth?
The BERKADIA contract with Austin Housing Authority is valued at Short-term bridge loan not to exceed $85,000,000 at approximately 4.15% interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in austin-housing-authority-agenda-communitycare-clinic-multifamily-housing-approvals-may-19-2022_498.pdf (Agenda), dated May 19, 2022 from Austin Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does BERKADIA hold?
BERKADIA 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 Austin Housing Authority currently buying?
Explore Austin Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.