Austin City Council

January 11, 2007 Austin Housing Finance Corporation (AHFC) Board of Directors Meeting

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Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
January 11, 2007

Meeting Agenda

icon page  Agenda,  55kb

 

Approved Meeting Minutes

The minutes for the Austin Housing Finance Corporation meeting of January 11, 2007 were approved on the 1st day of February, 2007 on Vice President Dunkerley's motion, Board Member Cole's second on a 6-0 vote. Board Member McCracken was absent.

icon page  AHFC Minutes,  50kb


Agenda Items

Item AHFC001 - January 11, 2007

Approve the minutes of the Austin Housing Finance Corporation from the meeting of December 7, 2006.

 

The minutes for the Austin Housing Finance Corporation meeting of December 7, 2006 were approved on Board Member Cole's motion, Vice President Dunkerley's second on a 7-0 vote.

 

Work Papers and Other Backup Documentation

icon page  20070111-AHFC001, Agenda Backup,  PDF,  54kb

 

Item AHFC002 - January 11, 2007

Approve the negotiation and execution of a loan to FOUNDATION COMMUNITIES, INC., in compliance with applicable requirements and performance goals under the Rental Housing Development Assistance Program in an amount not to exceed $881,691 to assist in the renovation and conversion of the property located at 1212 West Ben White Boulevard into a 100-unit single-room-occupancy supportive rental housing facility for homeless and low-income individuals.

 

The motion authorizing the negotiation and execution of a loan was approved on Board Member Martinez' motion, Board Member Leffingwell's second on a 7-0 vote.

 

Work Papers and Other Backup Documentation

icon page  20070111-AHFC002, Agenda Backup,  PDF,  115kb

icon page  20070111-AHFC002, Agenda Late Backup,  PDF,  119kb

 

Item AHFC003 - January 11, 2007

Authorize the negotiation and execution of a loan to AMERICAN YOUTHWORKS, INC. under the Acquisition and Development Program in an amount not to exceed $130,000 for the acquisition of five vacant lots in the Frontier at Montana subdivision to be developed for five single family homes for low- to moderate-income buyers.

 

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 7-0 vote.

 

Work Papers and Other Backup Documentation

icon page  20070111-AHFC003, Agenda Backup,  PDF,  62kb

 


Page updated: 7/17/2013
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