AAHFC to issue notes for Envolve Kerrville project
- Disclosed value
- Issuer fee equal to 1% of Notes issued (maximum $220,000) plus $11,000 annually while Notes are outstanding
- From agenda
- Document date
- Mar 25, 2026
The 30-second brief
The Alamo Area Housing Finance Corporation plans to issue up to $22 million in revenue notes for the Kerrville Apartments multifamily project being developed by Envolve LLC, generating an issuer fee of up to $220,000 plus $11,000 annually. The financing will support acquisition and rehabilitation of three affordable housing facilities in Kerrville using low-income housing tax credits.
Envolve LLC holds this financial services contract with Alamo Area Housing Finance Corporation.
Term as filed: Ongoing while revenue notes are outstanding; financing expected to close April 29, 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- Issuer fee equal to 1% of Notes issued (maximum $220,000) plus $11,000 annually while Notes are outstanding
- Document date
- March 25, 2026
- Term
- Ongoing while revenue notes are outstanding; financing expected to close April 29, 2026
- Vendor
- Envolve LLC
- Source document
- Alamo Area Housing Finance Corporation Board of Directors Meeting Agenda March 2026 (Agenda)
Envolve LLC's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Alamo Area Housing Finance Corporation?
Envolve LLC was awarded this financial services contract by Alamo Area Housing Finance Corporation, as recorded on March 25, 2026. The contract value is Issuer fee equal to 1% of Notes issued (maximum $220,000) plus $11,000 annually while Notes are outstanding.
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 Issuer fee equal to 1% of Notes issued (maximum $220,000) plus $11,000 annually while Notes are outstanding, 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 Alamo Area Housing Finance Corporation Board of Directors Meeting Agenda March 2026 (Agenda), dated March 25, 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.