File #: 25-2006    Version: 1 Name:
Type: Public Hearing Status: To Be Introduced
File created: 12/19/2025 In control: Corpus Christi B Corporation - Type B
On agenda: 1/12/2026 Final action: 1/12/2026
Title: Public Hearing and motion amending the Affordable Housing Project Loan Agreement with Corpus Christi Huntwick Avenue LP, commonly known as Palo Verde Senior Apartments, in the amount of $1,000,000 from the Type B Affordable Housing Fund for the development of 75 affordable senior housing rental units located at 5501 Huntwick Avenue; and amending the FY 2026 Budget to appropriate $1,000,000 from the Type B Corporation fund balance for the Huntwick Affordable Housing Project.
Sponsors: Planning and Economic Development Department
Attachments: 1. Agenda Memo -Palo Verde Budget and Agreement Amendment

Title

Public Hearing and motion amending the Affordable Housing Project Loan Agreement with Corpus Christi Huntwick Avenue LP, commonly known as Palo Verde Senior Apartments, in the amount of $1,000,000 from the Type B Affordable Housing Fund for the development of 75 affordable senior housing rental units located at 5501 Huntwick  Avenue; and amending the FY 2026 Budget to appropriate $1,000,000 from the Type B Corporation fund balance for the Huntwick Affordable Housing Project.