Waco Housing Authority Agenda Packet 2026-05-14
Vecino Group to Guarantee Asteri Waco Operations
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Description
Vecino Group is identified as development partner and guarantor for the Asteri Waco supportive housing project, backing operating deficits during the affordability period. The partnership structure is incorporated in the project’s 9% LIHTC application and planned PBV contract with Waco Housing Authority.
Contract Details
Vendor
VECINO GROUP
Agency
Housing Authority of the city of Waco, TX
Contract Type
OTHER
Document Date
May 14, 2026
Renewal Info
Guaranty obligations extend through the LIHTC affordability period, but no specific end date is provided.
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APPROVEDIssuing Agency
Housing Authority of the city of Waco
Local Housing Authority
Waco, TX
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