Austin Housing Finance Corporation Board Meeting Agenda May 2025
Loan for Lamar Square Phase I MLF Project
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Description
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.
Contract Details
Contract Amount
Not to exceed $4,500,000
Vendor
MARY LEE FOUNDATION
Agency
Pilot Knob Mud 4, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 8, 2025
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