Alamo Area Housing Finance Corporation Awards Financial Services Contract to Schertz Bank & Trust (April 2026)

Scope & details

The full contract record, as filed.

Contract amount

approximately $12 million loan; projected outstanding balance $10.5 million; proposed $3 million principal reduction payment

Contract type

FINANCIAL_SERVICES

Contract term

original 5-year term with 25-year amortization; proposed refinance for another 5 years starting May 2026

Renewal date

2031-05-31

Renewal

Refinances an existing five‑year, 3.75% loan with a new five‑year agreement; Board to set principal reduction amount, with $3 million recommended by the Executive Committee.

Document type

Agenda

Source document

Alamo Area Housing Finance Corporation Board Meeting Agenda April 2026

Related contracts

Other contracts from Schertz Bank & Trust.

View all →

Alamo Area Council of Governments AgendaPacket Executive Committee Meeting 2026-07-15

APPROVED

Alamo Area Housing Finance Corporation, Texas$5,000,000 principal reduction payment (building mortgage)Jul 15, 2026

Alamo Area Council of Governments Board of Directors Meeting Agenda April 2026

ONGOING

Alamo Area Housing Finance Corporation, Texasapproximate $1.5 million (HVAC upgrade project value referenced)Apr 22, 2026

AACOG Executive Committee Meeting Agenda April 2026

PENDING

Alamo Area Housing Finance Corporation, Texas$10.5 million outstanding balance; recommended $5 million principal reduction payment (balance reduced to approximately $5.5 million)Apr 15, 2026

Alamo Area Council of Governments Executive Committee Meeting April 2026

Heartland Community College Investment Report April 2026

ONGOING

Heartland Community College, Illinois$232,900.00Apr 1, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alamo Area Housing Finance Corporation?

Schertz Bank & Trust was awarded this financial services contract by Alamo Area Housing Finance Corporation, as recorded on April 22, 2026. The contract value is approximately $12 million loan; projected outstanding balance $10.5 million; proposed $3 million principal reduction payment.

How much is the Schertz Bank & Trust contract with Alamo Area Housing Finance Corporation worth?

The Schertz Bank & Trust contract with Alamo Area Housing Finance Corporation is valued at approximately $12 million loan; projected outstanding balance $10.5 million; proposed $3 million principal reduction payment, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Alamo Area Housing Finance Corporation Board Meeting Agenda April 2026 (Agenda), dated April 22, 2026 from Alamo Area Housing Finance Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Schertz Bank & Trust hold?

Schertz Bank & Trust 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 Schertz Bank & Trust's profile

What is Alamo Area Housing Finance Corporation currently buying?

Explore Alamo Area Housing Finance Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Alamo Area Housing Finance Corporation's profile