Loan for Lamar Square Phase I MLF Project

The Austin Housing Finance Corporation intends to negotiate and execute a loan agreement of up to $4,500,000 with Mary Lee Foundation for the Lamar Square Phase I - MLF multifamily rental development. The project will be financed through the corporation’s Capital Budget to expand affordable housing.

Document date · May 8, 2025

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $4,500,000

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

Austin Housing Finance Corporation Board Meeting Agenda May 2025

Related contracts

Other contracts from Mary Lee Foundation.

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town-of-austinagenda2025-05-08_732.pdf

pending

Town of Austin, North Dakota$4,500,000May 8, 2025

town-of-austinagenda2025-05-08_a16.pdf

pending

Town of Austin, Illinois$4,500,000May 8, 2025

city-of-austin-cityagenda2025-05-08_c09.pdf

pending

City of Austin city, Texas$4,500,000May 8, 2025

Austin Housing Finance Corporation Board Meeting Minutes May 2025

APPROVED

City of Austin city, TexasNot to exceed $4,500,000May 8, 2025

City of Austin RBA Backup Report May 2025

PENDING

City of Austin city, Texas$4,500,000May 8, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Pilot Knob Mud 4?

Mary Lee Foundation was awarded this financial services contract by Pilot Knob Mud 4, as recorded on May 8, 2025. The contract value is Not to exceed $4,500,000.

How much is the Mary Lee Foundation contract with Pilot Knob Mud 4 worth?

The Mary Lee Foundation contract with Pilot Knob Mud 4 is valued at Not to exceed $4,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Austin Housing Finance Corporation Board Meeting Agenda May 2025 (Agenda), dated May 8, 2025 from Pilot Knob Mud 4. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mary Lee Foundation hold?

Mary Lee Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Mary Lee Foundation's profile

What is Pilot Knob Mud 4 currently buying?

Explore Pilot Knob Mud 4's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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