November 12, 2020 Austin Housing Finance Corporation (AHFC) Board of Directors AHFC Meeting
Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
November 12, 2020
Speaker Registration and Rules for COVID-19 Social Distancing Modifications
20201112, Austin Housing Finance Corporation Meeting - Speaker Registration and Rules
Meeting Agenda
Agenda: Austin Housing Finance Corporation (AHFC), 185kb
Closed Caption Transcript
Transcript: Austin Housing Finance Corporation (AHFC), 142kb
Video
Play video - November 12, 2020
Agenda Items - November 12, 2020
Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.
Item AHFC001 - November 12, 2020
Approve the meeting minutes for the October 15, 2020 Austin Housing Finance Corporation board meeting.
Work Papers and Other Backup Documentation
20201112-AHFC001, Agenda Backup: Draft Minutes, PDF, 157kb, posted 10/30/2020
20201112-AHFC001, Agenda Backup: Recommendation for Action, PDF, 110kb, posted 10/30/2020
Item AHFC002 - November 12, 2020
Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 2.99 acres and existing improvements for affordable housing purposes, located at or near 4011 Convict Hill Road, in an amount not to exceed $1,500,000, including closing costs. District(s) Affected: District 8.
Work Papers and Other Backup Documentation
20201112-AHFC002, Agenda Backup: Fiscal_Note, PDF, 37kb, posted 10/30/2020
20201112-AHFC002, Agenda Backup: Map, PDF, 515kb, posted 10/30/2020
20201112-AHFC002, Agenda Backup: Recommendation for Action, PDF, 116kb, posted 10/30/2020
Item AHFC003 - November 12, 2020
Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 4.93 acres and existing improvements for affordable housing purposes, located at or near 6200 Menchaca Road, in an amount not to exceed $7,200,000, including closing costs. District(s) Affected: District 5.
Work Papers and Other Backup Documentation
20201112-AHFC003, Agenda Backup: Fiscal Note, PDF, 37kb, posted 10/30/2020
20201112-AHFC003, Agenda Backup: Map, PDF, 702kb, posted 10/30/2020
20201112-AHFC003, Agenda Backup: Recommendation for Action, PDF, 100kb, posted 10/30/2020
Item AHFC004 - November 12, 2020
Approve a resolution authorizing the formation of AHFC Espero Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation; approving its Certificate of Formation and By-laws; appointing its Board of Directors and President; and authorizing AHFC Espero Non-Profit Corporation to act as General Partner (or Managing Member) of Espero Austin at Rutland, LP, or other ownership entity, which will own the Espero Austin at Rutlands Apartments.
Executed Resolution
Resolution No. 20201112-AHFC004, PDF, 8.5mb, posted 11/30/2020
Work Papers and Other Backup Documentation
20201112-AHFC004, Agenda Backup: Draft Resolution, PDF, 143kb, posted 10/30/2020
20201112-AHFC004, Agenda Backup: Exhibit A, PDF, 203kb, posted 10/30/2020
20201112-AHFC004, Agenda Backup: Exhibit B, PDF, 141kb, posted 10/30/2020
20201112-AHFC004, Agenda Backup: Recommendation for Action, PDF, 135kb, posted 10/30/2020
Item AHFC005 - November 12, 2020
Approve the negotiation and execution of a loan agreement and related documents with Blackland Community Development Corporation, or an affiliated entity, in an amount not to exceed $70,000 for a rental development to be known as Alamo Condos located at or near 2107 Alamo Street. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20201112-AHFC005, Agenda Backup: Backup, PDF, 73kb, posted 10/30/2020
20201112-AHFC005, Agenda Backup: Recommendation for Action, PDF, 131kb, posted 10/30/2020
Item AHFC006 - November 12, 2020
Approve a resolution adopting the Third Amended and Restated Bylaws for the Austin Housing Finance Corporation (AHFC), designating the Director of the Housing and Planning Department as the Treasurer of AHFC.
Executed Resolution
Resolution No. 20201112-AHFC006, PDF, 4.8mb, posted 11/30/2020
Work Papers and Other Backup Documentation
20201112-AHFC006, Agenda Backup: Draft Resolution, PDF, 65kb, posted 10/30/2020
20201112-AHFC006, Agenda Backup: Exhibit A, PDF, 160kb, posted 10/30/2020
20201112-AHFC006, Agenda Backup: Recommendation for Action, PDF, 127kb, posted 10/30/2020
Item AHFC007 - November 12, 2020
Approve the negotiation and execution of a loan agreement and related documents with Espero Austin at Rutland, LP, or an affiliated entity, in an amount not to exceed $5,992,786 for a multi-family rental development to be known as Espero at Rutland located at or near 1934 Rutland Drive. District(s) Affected: District 4.
Work Papers and Other Backup Documentation
20201112-AHFC007, Agenda Backup: Backup, PDF, 193kb, posted 10/30/2020
20201112-AHFC007, Agenda Backup: Fiscal Note, PDF, 38kb, posted 10/30/2020
20201112-AHFC007, Agenda Backup: Recommendation for Action, PDF, 121kb, posted 10/30/2020
Item AHFC008 - November 12, 2020
Approve the negotiation and execution of a loan agreement and related documents with Summertree Developer, LLC, or an affiliated entity, in an amount not to exceed $693,000 for a mixed-income ownership development to be known as Jackie Robinson located at or near 5519 Jackie Robinson Street. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20201112-AHFC008, Agenda Backup: Backup, PDF, 80kb, posted 10/30/2020
20201112-AHFC008, Agenda Backup: Fiscal Note, PDF, 38kb, posted 10/30/2020
20201112-AHFC008, Agenda Backup: Recommendation for Action, PDF, 132kb, posted 10/30/2020
Page updated: 12/5/2022, 2:27pm
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