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MCDC approves extension of Habitat for Humanity loan agreement through March 31, 2026
Summary
The board voted to extend the term of a loan agreement with Habitat for Humanity of Collin County to March 31, 2026, allowing the nonprofit to complete a delayed revitalization project and use remaining funds across additional homes.
The McKinney Community Development Corporation board approved a request from Habitat for Humanity of Collin County to extend the term of a loan agreement covering project 4B '20-315 to March 31, 2026.
The extension request came as Habitat described construction delays and an uptick in applications. John Bubliss, director of development for Habitat, and James Donaldson, director of construction, explained that unexpected soil conditions and resultant…
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