Legislation Details

File #: 26-1323    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 8/13/2026 In control: City Council
On agenda: 8/25/2026 Final action:
Title: Ordinance authorizing the First Amendment to the Affordable Housing Project Loan Agreement between the Corpus Christi B Corporation and Corpus Christi Huntwick Avenue LP, commonly known as Palo Verde Senior Apartments, increasing the incentive amount by $1,000,000.00, totaling $2,000,000.00 for the development of 75 affordable senior rental housing units located at 5501 Huntwick Avenue and appropriating $1,000,000.00 from the Type B Affordable Housing Fund in FY 2026.
Sponsors: Planning and Economic Development Department
Attachments: 1. Agenda Memo - Huntwick Apartments aka Palo Verde Type B Approval v2, 2. Amendment with Agreement - Palo Verde Senior Apartments, 3. Ordinance - Type B Palo Verde Senior Apartments Project, 4. Presentation - Palo Verde Senior Apartments

title

Ordinance authorizing the First Amendment to the Affordable Housing Project Loan Agreement between the Corpus Christi B Corporation and Corpus Christi Huntwick Avenue LP, commonly known as Palo Verde Senior Apartments, increasing the incentive amount by $1,000,000.00, totaling $2,000,000.00 for the development of 75 affordable senior rental housing units located at 5501 Huntwick Avenue and appropriating $1,000,000.00 from the Type B Affordable Housing Fund in FY 2026.