24-0983
Resolution authorizing a 380 incentive agreement with Corpus Christi Capital Group LLC and Corpus Christi Party Hotel LLC in the amount of up to $5,000,000 over a 10 year period for the development of the Casa Blanca Village Apartments. The project will include up to 200 apartment units focused on workforce residences which will be income qualified and subject to HUD fair market rent limits.
What this record is
- Amount
- $5.00M
- Runs until
- June 7, 2034 8 years away calculated from the contract term stated in the record
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Introduced
- June 7, 2024
- On agenda
- June 18, 2024
- Passed
- June 18, 2024
- Enacted
- June 18, 2024
- Enactment no.
- 033387