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City of Austin city Awards Financial Services Contract to Umb Bank, N.A. (October 2026)

City of Austin city logoCity of Austin city
Disclosed value
$33,000,000 original principal amount of the Funding Loan
From resolution
Approved
Oct 5, 2026
Renews
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The 30-second brief

What it covers

Austin Housing Finance Corporation approved a Funding Loan Agreement designating UMB Bank, N.A. as fiscal agent for the Elm Ridge Apartments multifamily housing revenue note. The financing has an original principal amount of up to $33 million and a maturity date of December 1, 2042.

Who holds it

Umb Bank, N.A. holds this financial services contract with City of Austin city. Its other public contracts on record include work for Oklahoma City Public Schools and Des Moines Area Community College.

What happens next

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Contract details

Contract type
Financial Services
Amount
$33,000,000 original principal amount of the Funding Loan
Document date
October 5, 2026
Term
Dated as of November 1, 2026; maturity date December 1, 2042
Renews
On record
Vendor
Umb Bank, N.A.
Agency
City of Austin city
Source document
Austin Housing Finance Corporation Resolution Authorizing Issuance of Multifamily Housing Revenue Note (Elm Ridge Apartments), Series 2026 2026-10-08 (Resolution)

Umb Bank, N.A.'s other public contracts

Oklahoma City Public Schools, OklahomaUMB Bank Designated Agent for OKCPS Series 2027B Bonds · Nov 9, 2026UndisclosedDes Moines Area Community College, IowaDMACC Awards $14.08 Million Bond Sale To UMB Bank · Nov 9, 2026Oklahoma City Public Schools, OklahomaUMB Bank Designated Agent for OKCPS Series 2027A Bonds · Nov 9, 2026UndisclosedPlatte County R-III School District, MissouriSchool District Approves $15 Million UMB Trustee Financing · Oct 15, 2026City of Newton, IllinoisNewton Authorizes Bond Redemption Through UMB Bank · Sep 15, 2026All Umb Bank, N.A. contractsVendor profile

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Questions about this contract

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

Umb Bank, N.A. was awarded this financial services contract by City of Austin city, as recorded on October 5, 2026. The contract value is $33,000,000 original principal amount of the Funding Loan.

How much is the Umb Bank, N.A. contract with City of Austin city worth?

The Umb Bank, N.A. contract with City of Austin city is valued at $33,000,000 original principal amount of the Funding Loan, 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), Series 2026 2026-10-08 (Resolution), dated October 5, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Umb Bank, N.A. hold?

Umb Bank, N.A. 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 City of Austin city currently buying?

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

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