May 7, 2026 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting

Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
May 7, 2026

Agenda Items - May 7, 2026

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AHFC001

AHFC002

Item AHFC001 - May 7, 2026

Approve the minutes of the Austin Housing Finance Corporation Board of Directors meeting for April 23, 2026.

Work Papers and Other Backup Documentation

20260507-AHFC001, Agenda Backup: Draft Minutes, PDF, 160 KB, posted 5/1/2026

20260507-AHFC001, Agenda Backup: Recommendation for Action, PDF, 106 KB, posted 5/1/2026

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Item AHFC002 - May 7, 2026

Approve an inducement resolution related to an application for private activity bond financing that authorizes an allocation of up to $33,000,000 in private activity volume cap multifamily non-recourse bonds to Elm Ridge Preservation, LP, or an affiliated entity, for a proposed rehabilitation of an affordable multifamily development known as Elm Ridge Apartments, located at 1190 Airport Boulevard, Austin, Texas 78702. Funding: Up to $33,000,000 of private activity bonds may be issued by the Austin Housing Finance Corporation for this development. These bonds are not obligations of Austin Housing Finance Corporation or the City of Austin, and the full faith and credit of the City of Austin is not pledged to repay these bonds.