April 2, 2015 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting
Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
April 2, 2015
Meeting Agenda
Agenda - AHFC, 126kb
Approved Meeting Minutes
AHFC Minutes, 168kb
Closed Caption Transcript
Transcript - AHFC, 207kb
Video
Agenda Items
Item AHFC001 - April 2, 2015
Authorize negotiation and execution of a loan agreement in an amount not to exceed $500,000 with FOUNDATION COMMUNITIES, INC., or an affiliated entity, for the purpose of developing a multi-family residential facility at 8500 U.S. Highway 71, to be known as Live Oak Trails, for low-income individuals and families.
Work Papers and Other Backup Documentation
20150402-AHFC001, Agenda Backup: Fiscal Note, PDF, 55kb
20150402-AHFC001, Agenda Backup: Recommendation for Board Action, PDF, 77kb
Item AHFC002 - April 2, 2015
Authorize negotiation and execution of a loan agreement in an amount not to exceed $500,000 with FOUNDATION COMMUNITIES, INC., or an affiliated entity, for the purpose of developing a multi-family residential facility at 13635 Rutledge Spur, to be known as the Lakeline Station Apartments, for low-income individuals and families.
Work Papers and Other Backup Documentation
20150402-AHFC002, Agenda Backup: Fiscal Note, PDF, 56kb
20150402-AHFC002, Agenda Backup: Recommendation for Board Action, PDF, 69kb
Item AHFC003 - April 2, 2015
Authorize negotiation and execution of a loan agreement in an amount not to exceed $1,000,000 with FOUNDATION COMMUNITIES, INC., or an affiliated entity, for the purpose of developing a single room occupancy residential facility at 2301 South Lamar Boulevard, to be known as Bluebonnet Studios, for very low-income individuals and individuals exiting homelessness.
Work Papers and Other Backup Documentation
20150402-AHFC003, Agenda Backup: Fiscal Note, PDF, 56kb
20150402-AHFC003, Agenda Backup: Recommendation for Board Action, PDF, 72kb
Item AHFC004 - April 2, 2015
Authorize negotiation and execution of a loan in an amount not to exceed $2,000,000 to THE MULHOLLAND GROUP, LLC or an affiliated entity, for the purpose of acquiring and rehabilitating the Capitol Village Apartments multi-family residential development at 6855 East U.S. Highway 290.
Work Papers and Other Backup Documentation
20150402-AHFC004, Agenda Backup: Fiscal Note, PDF, 56kb
20150402-AHFC004, Agenda Backup: Recommendation for Board Action, PDF, 69kb
Item AHFC005 - April 2, 2015
Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $16 million in private activity volume cap multi-family non-recourse bonds for the rehabilitation of the CROSS CREEK APARTMENTS, 1124 Rutland Drive, by the bond financing applicant, TMG-TX Austin II, L.P., or its affiliate, and set a public hearing in accordance with the Tax Equity Financial Responsibility Act (TEFRA). (Suggested date and time: April 23, 2015 at 3:00 p.m. , Austin City Hall, 301 W. 2nd Street, Austin, TX.)
Executed Resolution
Resolution No. 20150402-AHFC005, PDF, 172kb
Work Papers and Other Backup Documentation
20150402-AHFC005, Agenda Backup: Draft Resolution, PDF, 15kb
20150402-AHFC005, Agenda Backup: Recommendation for Board Action, PDF, 71kb
Item AHFC006 - April 2, 2015
Approve an inducement resolution for private activity bond financing to be submitted to the Texas Bond Review Board for an allocation of up to $20 million in private activity volume cap multi-family non-recourse bonds for the development of the ALDRICH 51 APARTMENTS, to be located on the west side of Aldrich Street between Barbara Jordan Boulevard and East 51st Street, by the bond financing applicant, Austin DMA Housing II, LLC, or its affiliate, and set a public hearing in accordance with the Tax Equity Financial Responsibility Act (TEFRA). (Suggested date and time: April 23, 2015 at 3:00 p.m. , Austin City Hall, 301 W. 2nd Street, Austin, TX.).
Executed Resolution
Resolution No. 20150402-AHFC006, PDF, 172kb
Work Papers and Other Backup Documentation
20150402-AHFC006, Agenda Backup: Draft Resolution, PDF, 25kb
20150402-AHFC006, Agenda Backup: Recommendation for Board Action, PDF, 68kb
Page updated: 3/14/2017
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