FINANCIAL_SERVICESAMENDED

Affordable housing loan to Palo Verde Apartments increased

Corpus Christi plans to amend its Affordable Housing Project Loan Agreement with Corpus Christi Huntwick Avenue LP, adding $1 million and bringing the total incentive to $2 million. The funding supports development of 75 affordable senior rental units at the Palo Verde Senior Apartments on Huntwick Avenue.

Status
AMENDED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Corpus Christi Huntwick Avenue Lp
Agency
Corpus Christi Water · TX

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Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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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
Increase of $1,000,000.00, total incentive $2,000,000.00
Contract type
FINANCIAL_SERVICES
Renewal
This is the First Amendment increasing the incentive under the existing loan agreement; the agenda does not specify changes to term or further renewal options.
Document type
Agenda
Source document
City of Corpus Christi Meeting Agenda 2026-08-25

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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 Huntwick Avenue Lp was awarded this financial services contract by Corpus Christi Water, as recorded on August 25, 2026. The contract value is Increase of $1,000,000.00, total incentive $2,000,000.00.

How much is the Corpus Christi Huntwick Avenue Lp contract with Corpus Christi Water worth?

The Corpus Christi Huntwick Avenue Lp contract with Corpus Christi Water is valued at Increase of $1,000,000.00, total incentive $2,000,000.00, 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 2026-08-25 (Agenda), dated August 25, 2026 from Corpus Christi Water. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Corpus Christi Huntwick Avenue Lp hold?

Corpus Christi Huntwick Avenue Lp 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?

Explore Corpus Christi Water's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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