Freddie Mac to Purchase Lakeside Lofts Loan
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Description
For the Lakeside Lofts project, the Board approved participation of the Federal Home Loan Mortgage Corporation (Freddie Mac) as purchaser of the Permanent Loan originated by Wells Fargo. This structure supports long-term, fixed-rate financing for the 336-unit affordable community.
Contract Details
Contract Amount
Up to $45,000,000 Permanent Loan (via purchase of Permanent Loan)
Vendor
FEDERAL HOME LOAN MORTGAGE CORPORATION
Agency
San Antonio Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 1, 2026
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Issuing Agency
Local Housing Authority
San Antonio, TX
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