CONTRACTAPPROVED

Austin Housing Authority Awards Financial Services Contract to REDSTONE (July 2021)

Austin Housing Authority logoAustin Housing Authority
Disclosed value
Approximately $35,500,000 total project cost; portion via construction and permanent debt (amount not itemized)
From agenda
Approved
Jul 15, 2021
Renews
Free account

The 30-second brief

What it covers

Redstone was designated to provide construction and permanent debt financing for the Belmont Apartments affordable housing project in Austin. The financing is supported by tax-exempt bonds issued by the Public Facility Corporation as part of a $35.5 million project.

Who holds it

REDSTONE holds this financial services contract with Austin Housing Authority. Its other public contracts on record include work for City of Bryant and City of Hot Springs.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Austin Housing Authority contract.

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Contract details

Contract type
Financial Services
Amount
Approximately $35,500,000 total project cost; portion via construction and permanent debt (amount not itemized)
Document date
July 15, 2021
Term
Final maturity of Belmont Apartments bonds not later than August 1, 2061 (implied long-term debt term aligned with bonds)
Renews
Free account
Vendor
REDSTONE
Source document
austin-housing-authority-agenda-multifamily-housing-bonds-for-henderson-on-reinli-jul-15-2021_6cd.pdf (Agenda)

REDSTONE's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Austin Housing Authority?

REDSTONE was awarded this financial services contract by Austin Housing Authority, as recorded on July 15, 2021. The contract value is Approximately $35,500,000 total project cost; portion via construction and permanent debt (amount not itemized).

How much is the REDSTONE contract with Austin Housing Authority worth?

The REDSTONE contract with Austin Housing Authority is valued at Approximately $35,500,000 total project cost; portion via construction and permanent debt (amount not itemized), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in austin-housing-authority-agenda-multifamily-housing-bonds-for-henderson-on-reinli-jul-15-2021_6cd.pdf (Agenda), dated July 15, 2021 from Austin Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does REDSTONE hold?

REDSTONE 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.

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