Housing Authority of the City of Columbia Board of Commissioners Meeting Agenda April 2026
CHA AHP Loan Supports Bear Creek Financing
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Description
Bear Creek Housing Development Group, LP holds a $500,000 AHP Loan from the Housing Authority of the City of Columbia at 1% interest, secured by a third deed of trust. Surplus cash payments commence in 2035, and the principal is due at maturity on December 31, 2051.
Contract Details
Vendor
HOUSING AUTHORITY OF THE CITY OF COLUMBIA MISSOURI
Agency
Housing Authority of the city of Columbia, MO, MO
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Contract Term
AHP Loan maturing December 31, 2051
Renewal Date
2051-12-31
Renewal Info
Loan term runs through December 31, 2051; any extension or modification would require new approvals.
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ONGOINGIssuing Agency
Housing Authority of the city of Columbia, MO
Local Housing Authority
Columbia, MO
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