FINANCIAL_SERVICESAPPROVED

City of Austin city Awards $33,000,000 Financial Services Contract to Umb Bank N.a. (October 2026)

Austin Housing Finance Corporation approved a Funding Loan Agreement naming UMB Bank, N.A. as fiscal agent for the Elm Ridge Apartments revenue note. The fiscal-agent arrangement supports administration of the up-to-$33 million financing through the scheduled December 1, 2042 maturity.

Document date · October 8, 2026

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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
Contract type
FINANCIAL_SERVICES
Contract term
Dated as of November 1, 2026, through discharge or scheduled maturity of the financing on December 1, 2042
Renewal date
2042-12-01
Renewal
The fiscal-agent relationship continues while the financing remains outstanding and ends upon discharge; no separate renewal option was 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?

Umb Bank N.a. 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 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, 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 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.

View Umb Bank N.a.'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.

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