FINANCIAL_SERVICESPENDING

Freddie Mac Positioned to Purchase Elm Ridge Loan

The financing documents provide for Freddie Mac to purchase the Elm Ridge Apartments funding loan from Berkadia Commercial Mortgage LLC after closing conditions are met. Freddie Mac would then become the funding lender representative for the up-to-$33 million loan.

Document date · October 8, 2026

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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
Contract type
FINANCIAL_SERVICES
Contract term
Purchase date to be determined upon satisfaction of commitment conditions; scheduled loan maturity December 1, 2042
Renewal date
2042-12-01
Renewal
Purchase and assignment are contingent on satisfaction of the Freddie Mac commitment conditions; no renewal terms were stated.
Document type
Resolution
Source document
Austin Housing Finance Corporation Resolution Authorizing Issuance of Multifamily Housing Revenue Note (Elm Ridge Apartments) 2026-10-08

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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 8, 2026. The contract value is $33,000,000.

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, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Austin Housing Finance Corporation Resolution Authorizing Issuance of Multifamily Housing Revenue Note (Elm Ridge Apartments) 2026-10-08 (Resolution), dated October 8, 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.

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