December 7, 2006 Austin Housing Finance Corporation (AHFC) Board of Directors Meeting
Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
December 7, 2006
Meeting Agenda
Agenda, 55kb
Approved Meeting Minutes
The minutes for the Austin Housing Finance Corporation meeting of December 7, 2006 were approved on the 11th day of January, 2007 on Board Member Cole's motion, Vice President Dunkerley's second on a 7-0 vote.
AHFC Minutes, 64kb
Agenda Items
Item AHFC001 - December 7, 2006
Approve the minutes of the September 28, 2006 Board meeting of the Austin Housing Finance Corporation.
The minutes for the Austin Housing Finance Corporation meeting of September 28, 2006 were approved on Board Member McCracken's motion, Vice President Dunkerley's second on a 6-0 vote. Council Member Kim was off the dais.
Work Papers and Other Backup Documentation
20061207-AHFC001, Agenda Backup, PDF, 45kb
Item AHFC002 - December 7, 2006
Approve the negotiation and execution of a loan to COMMUNITY PARTNERSHIP FOR THE HOMELESS, INC., Austin, Texas, in compliance with applicable requirements and performance goals under the Rental Housing Development Assistance Program, in an amount not to exceed $100,000 to assist in the acquisition of a minimum of two housing units, at locations to be determined, comprising six bedrooms to serve as transitional housing for very low-income homeless military veterans.
The motion authorizing the negotiation and execution of a loan was approved on Vice President Dunkerley's motion, Board Member Leffingwell's second on a 6-0 vote. Council Member Kim was off the dais.
Work Papers and Other Backup Documentation
20061207-AHFC002, Agenda Backup, PDF, 87kb
Item AHFC003 - December 7, 2006
Authorize an amendment to the Rental Housing Development Assistance Program Loan Agreement with the GUADALUPE NEIGHBORHOOD DEVELOMENT CORPORATION in compliance with applicable federal regulations including Code of Federal Regulations Title 24 Section 85.40 performance goals, by increasing the loan amount by $35,000 for a total loan amount not to exceed $395,000 for the development of seven affordable housing units in the Guadalupe Neighborhood.
The motion authorizing an amendment was approved on Board Member McCracken's motion, Board Member Martinez' second on a 6-0 vote. Council Member Kim was off the dais.
Work Papers and Other Backup Documentation
20061207-AHFC003, Agenda Backup, PDF, 86kb
Item AHFC004 - December 7, 2006
Approve a resolution authorizing the negotiation and execution of the assumption of regulatory agreement and consent to transfer the ownership of Stassney Woods Apartments, a bond financed project, from Mid-America Apartments of Texas, L.P. to Mid-America Apartments, L.P.
Resolution No. 20061207-AHFC004 was approved on Board Member Cole's motion, Vice President Dunkerley's second on a 6-0 vote. Council Member Kim was off the dais.
Executed Resolution
Resolution No. 20061207-AHFC004, PDF, 128kb
Work Papers and Other Backup Documentation
20061207-AHFC004, Agenda Backup, PDF, 225kb
Page updated: 7/17/2013
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