Citi Identified as Prior Georgian Oaks Lender
Texas Department of Housing and Community Affairs | State of TexasState · Austin, TX- Disclosed value
- $17,900,000 construction loan; $4,400,000 permanent loan
- From agendapacket
- Document date
- Mar 6, 2025
The 30-second brief
TDHCA documents identified Citi as the prior lender for Georgian Oaks before the project’s approved financing amendment. The prior structure included a $17.9 million construction loan and a $4.4 million permanent loan.
CITI holds this financial services contract with Texas Department of Housing and Community Affairs | State of Texas. Its other public contracts on record include work for Housing Finance Authority of Miami-Dade County and Borough of Perkasie.
Term as filed: Permanent loan: 15-year term with 40-year amortization; construction loan term not stated.
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Contract details
- Contract type
- Financial Services
- Amount
- $17,900,000 construction loan; $4,400,000 permanent loan
- Document date
- March 6, 2025
- Term
- Permanent loan: 15-year term with 40-year amortization; construction loan term not stated
- Vendor
- CITI
- Source document
- Texas Department of Housing and Community Affairs AgendaPacket Governing Board Meeting 2025-03-06 (AgendaPacket)
CITI's other public contracts
More Texas Department of Housing and Community Affairs | State of Texas contracts
Questions about this contract
Who was awarded the financial services contract by Texas Department of Housing and Community Affairs | State of Texas?
CITI was awarded this financial services contract by Texas Department of Housing and Community Affairs | State of Texas, as recorded on March 6, 2025. The contract value is $17,900,000 construction loan; $4,400,000 permanent loan.
How much is the CITI contract with Texas Department of Housing and Community Affairs | State of Texas worth?
The CITI contract with Texas Department of Housing and Community Affairs | State of Texas is valued at $17,900,000 construction loan; $4,400,000 permanent loan, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Texas Department of Housing and Community Affairs AgendaPacket Governing Board Meeting 2025-03-06 (AgendaPacket), dated March 6, 2025 from Texas Department of Housing and Community Affairs | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does CITI hold?
CITI may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Texas Department of Housing and Community Affairs | State of Texas currently buying?
Explore Texas Department of Housing and Community Affairs | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.