FINANCIAL_SERVICESAMENDED

Affordable Housing Loan Incentive Increased to $2M

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.

Status
AMENDED
Document date
August 27, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Corpus Christi B Corporation
Agency
Corpus Christi Water · TX

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

Scope & details

The full contract record, as filed.

Contract amount
$2,000,000.00 total incentive; $1,000,000.00 increase
Contract type
FINANCIAL_SERVICES
Renewal
First amendment increases the incentive amount by $1,000,000 to a cumulative $2,000,000 under the existing Affordable Housing Project Loan Agreement.
Document type
Agenda
Source document
City of Corpus Christi Meeting Agenda 2026-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

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What is Corpus Christi Water currently buying?

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