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McKinney Corporation Approves Loan Term Extensions for The Farm Project

McKinney officials approved loan term extensions for Project 4B25-10. The loan extends to July 30, 2028, and the annexation process to December 31, 2026. The initiative funds infrastructure and public access areas at The Farm for young adults aging out of foster care.

Cody Esparza

June 30, 20261 min read

McKinney Texas reviews permits, bills, and city agenda items - Illustration Jake Team LLC
McKinney Texas reviews permits, bills, and city agenda items - Illustration Jake Team LLC

Project Overview

The McKinney Community Development Corporation addressed Project 4B25-10, designated as Direction 61:3.

The initiative focuses on developing infrastructure and public access areas at The Farm.

The site is located at 3286 County Road 168 and will serve as a transitional living community for young adults who have aged out of foster care.

Loan and Annexation Extensions

The approved agenda item extends the term of the loan agreement to July 30, 2028.

The approval also extends the term for the completion of the annexation process to December 31, 2026.

Meeting Vote Details

Micheletto made a motion to approve the agenda item during the June 25, 2026 meeting.

Booth seconded the motion.

The motion carried successfully.

References

McKinney Community Development Corporation (2026-06-25). Retrieved from https://mckinney.legistar.com/LegislationDetail.aspx?ID=30444

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Cody Esparza

Cody Esparza covers McKinney city hall, the council, and county government.

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