Affordable Housing Loan Incentive Increased to $2M
- Disclosed value
- $2,000,000.00 total incentive; $1,000,000.00 increase
- From agenda
- Document date
- Aug 27, 2026
The 30-second brief
The City of Corpus Christi will amend its Affordable Housing Project Loan Agreement via the Corpus Christi B Corporation with Corpus Christi Huntwick Avenue LP, increasing the incentive by $1,000,000 to a total of $2,000,000. The funding supports development of 75 affordable senior rental housing units at Palo Verde Senior Apartments, with $1,000,000 appropriated from the Type B Affordable Housing Fund in FY 2026.
Corpus Christi B Corporation holds this financial services contract with Corpus Christi Water. Its other public contracts on record include work for City of Corpus Christi city and Corpus Christi Department of Aviation.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,000,000.00 total incentive; $1,000,000.00 increase
- Document date
- August 27, 2026
- Agency
- Corpus Christi Water
- Source document
- City of Corpus Christi Meeting Agenda 2026-09-01 (Agenda)
Corpus Christi B Corporation's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Corpus Christi Water?
Corpus Christi B Corporation was awarded this financial services contract by Corpus Christi Water, as recorded on August 27, 2026. The contract value is $2,000,000.00 total incentive; $1,000,000.00 increase.
How much is the Corpus Christi B Corporation contract with Corpus Christi Water worth?
The Corpus Christi B Corporation contract with Corpus Christi Water is valued at $2,000,000.00 total incentive; $1,000,000.00 increase, 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 City of Corpus Christi Meeting Agenda 2026-09-01 (Agenda), dated August 27, 2026 from Corpus Christi Water. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Corpus Christi B Corporation hold?
Corpus Christi B Corporation 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 Corpus Christi Water currently buying?
Explore Corpus Christi Water's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.