FINANCIAL_SERVICESPENDING

Freddie Mac Commits to Purchase Elm Ridge Housing Loan

Freddie Mac committed to purchase the approximately $33 million Elm Ridge Apartments Funding Loan from BERKADIA COMMERCIAL MORTGAGE LLC after closing conditions are met. Freddie Mac will then become the Funding Lender Representative and holder of the Governmental Note.

Document date · October 5, 2026

Track City of Austin city contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Austin city.

Get started free

Create a free account · no credit card

Trusted by 200+ enterprise customers and 1,000+ teams on the free plan

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$[33,000,000] Funding Loan
Contract type
FINANCIAL_SERVICES
Contract term
Planned purchase on the Freddie Mac Purchase Date after satisfaction of commitment conditions; maturity December 1, 2042
Renewal date
2042-12-01
Renewal
The purchase is conditional on satisfaction of the Freddie Mac Commitment. Upon purchase, Freddie Mac succeeds Berkadia as Funding Lender Representative and may direct loan payments, servicing, transfers, and related financing actions.
Document type
Agreement
Source document
Austin Housing Finance Corporation Agreement Funding Loan Agreement for Elm Ridge Apartments 2026-11-01

Related contracts

Other contracts from Freddie Mac.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Austin city?

Freddie Mac was awarded this financial services contract by City of Austin city, as recorded on October 5, 2026. The contract value is $[33,000,000] Funding Loan.

How much is the Freddie Mac contract with City of Austin city worth?

The Freddie Mac contract with City of Austin city is valued at $[33,000,000] Funding Loan, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Austin Housing Finance Corporation Agreement Funding Loan Agreement for Elm Ridge Apartments 2026-11-01 (Agreement), dated October 5, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Freddie Mac hold?

Freddie Mac may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Freddie Mac's profile

What is City of Austin city currently buying?

Explore City of Austin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Austin city's profile