AAHC partners with JCI Residential on Saffron project
- Disclosed value
- Equity investment estimated to be $26,000,000
- From agendapacket
- Document date
- Oct 17, 2024
The 30-second brief
Austin Affordable Housing Corporation intends to partner with JCI Residential on the Bridge at Saffron workforce housing project, with JCI providing approximately $26 million in equity investment and managing the 336-unit property. The Board’s Resolution No. 02864 enables closing on construction financing and commencing construction.
Jci Residential holds this construction contract with Austin Housing Authority.
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Contract details
- Contract type
- Construction
- Amount
- Equity investment estimated to be $26,000,000
- Document date
- October 17, 2024
- Vendor
- Jci Residential
- Agency
- Austin Housing Authority
- Source document
- Housing Authority of the City of Austin Agenda Packet 2024-10-17 (AgendaPacket)
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Questions about this contract
Who was awarded the construction contract by Austin Housing Authority?
Jci Residential was awarded this construction contract by Austin Housing Authority, as recorded on October 17, 2024. The contract value is Equity investment estimated to be $26,000,000.
How much is the Jci Residential contract with Austin Housing Authority worth?
The Jci Residential contract with Austin Housing Authority is valued at Equity investment estimated to be $26,000,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Housing Authority of the City of Austin Agenda Packet 2024-10-17 (AgendaPacket), dated October 17, 2024 from Austin Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Jci Residential hold?
Jci Residential 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.