State Housing Board Meeting Agenda April 2026
First Southwest Bank Plans $600K Construction Loan
Trusted by teams at
Description
First Southwest Bank issued a letter of intent to provide a construction loan of up to $600,000 at 7% interest for 24 months to support the Two Rivers Phase II affordable homeownership project. The bank financing will complement state Proposition 123 funds and CHFA lending for the eight‑unit community land trust development.
Contract Details
Contract Amount
Up to $600,000 (construction loan)
Vendor
FIRST SOUTHWEST BANK
Agency
Division of Housing, CO
Contract Type
FINANCIAL_SERVICES
Document Date
April 14, 2026
Contract Term
24‑month term; interest rate 7%
Renewal Info
Initial construction loan LOI with a 24‑month term; no renewal or extension terms specified in the provided text.
More from FIRST SOUTHWEST BANK
Related Contracts
Town of Crestone Agenda Board of Trustees Regular Meeting 2026-06-08
DISCUSSEDLa Plata County Board of Commissioners Agenda March 2026
APPROVEDLa Plata County Board of Commissioners Agenda March 2026
APPROVEDRio Grande County Resolution No 2025- Authorizing Treasurer Deposits and Investments
APPROVEDRio Grande County Commissioners Meeting Minutes December 2025
APPROVEDMore from Division of Housing
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Colorado Department of Local Affairs State Housing Board Meeting Agenda Packet 2026-06-09
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.