Legislation Details

File #: 26-1262    Version: 1 Name:
Type: Motion Status: To Be Introduced
File created: 8/3/2026 In control: Corpus Christi B Corporation - Type B
On agenda: 8/10/2026 Final action:
Title: Motion 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 FY 2026.
Attachments: 1. Agenda Memo -Palo Verde Budget and Agreement Amendment 08.04.pdf, 2. Amendment No. 1 - Huntwick B Corp
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Motion 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 FY 2026.