Housing Authority of the City of Austin Board Meeting Agenda Packet May 2026
Bellwether To Finance Bridge at Eastside Acquisition
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Description
Bellwether is slated to provide a Fannie Mae permanent loan of up to $71 million with 35-year amortization to support AAHC and Belveron’s acquisition of the Bridge at Eastside Apartments. The financing structure will help preserve long-term affordability at the 290-unit community.
Contract Details
Contract Amount
Not to exceed $71,000,000
Vendor
BELLWETHER
Agency
Austin Housing Authority, TX
Contract Type
FINANCIAL_SERVICES
Document Date
May 17, 2026
Contract Term
35-year amortization
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