Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
September 1, 2022
Hybrid Speaker Registration and Rules
20220901, Austin Housing Finance Corporation Meeting - Speaker Registration and Rules
Meeting Agenda
Agenda: Austin Housing Finance Corporation (AHFC), 226 KB
Approved Meeting Minutes
Minutes: Austin Housing Finance Corporation (AHFC), 108 KB
Closed Caption Transcript
Transcript: Austin Housing Finance Coporation (AHFC), 158 KB
Video
Play video - September 1, 2022
Agenda Items - September 1, 2022
Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.
| AHFC001 | AHFC002 | AHFC003 | AHFC004 | AHFC005 | AHFC006 | AHFC007 | AHFC008 | AHFC009 | AHFC010 |
| AHFC011 | AHFC012 | AHFC013 | AHFC014 | AHFC015 | AHFC016 | AHFC017 |
Item AHFC001 - September 1, 2022
Approve negotiation and execution of a loan agreement and related documents with FC Balcones Terrace Housing Corporation, or an affiliated entity, in an amount not to exceed $2,449,419 for a rental development known as Balcones Terrace located at or near 10024 North Capital of Texas Highway, Austin, Texas 78759. District(s) Affected: District 7.
Work Papers and Other Backup Documentation
20220901-AHFC001, Agenda Backup: Backup, PDF, 78 KB, posted 8/19/2022
20220901-AHFC001, Agenda Backup: Fiscal Note, PDF, 38 KB, posted 8/19/2022
20220901-AHFC001, Agenda Backup: Recommendation for Action, PDF, 154 KB, posted 8/19/2022
Item AHFC002 - September 1, 2022
Approve the negotiation and execution of a loan agreement and related documents with SGI Ventures, LLC, or an affiliated entity, in an amount not to exceed $5,000,000 for a rental development to be known as Cady Lofts located at or near 1004, 1006, and 1008 East 39th Street, Austin, Texas 78751. District(s) Affected: District 9.
Work Papers and Other Backup Documentation
20220901-AHFC002, Agenda Backup: Backup, PDF, 84 KB, posted 8/19/2022
20220901-AHFC002, Agenda Backup: Fiscal Note, PDF, 38 KB, posted 8/19/2022
20220901-AHFC002, Agenda Backup: Recommendation for Action, PDF, 114 KB, posted 8/19/2022
Item AHFC003 - September 1, 2022
Authorize negotiation and execution of a contract with Capital Impact Partners in an amount not to exceed $352,770 for a term of 12 months beginning October 1, 2022, to develop training for small affordable housing developers operating in the City of Austin, Texas.
Work Papers and Other Backup Documentation
20220901-AHFC003, Agenda Backup: CIP Expense Detail, PDF, 37 KB, posted 8/19/2022
20220901-AHFC003, Agenda Backup: Recommendation for Action, PDF, 135 KB, posted 8/19/2022
Item AHFC004 - September 1, 2022
Authorize negotiation and execution of a loan agreement with Austin Revitalization Authority, or an affiliated entity, in an amount not to exceed $560,000 for an ownership development to be known as Carver Townhomes, to be located at or near 7217 Carver Avenue, Austin, Texas 78752. District(s) Affected: District 4.
Work Papers and Other Backup Documentation
20220901-AHFC004, Agenda Backup: Expense Detail, PDF, 37 KB, posted 8/19/2022
20220901-AHFC004, Agenda Backup: Recommendation for Action, PDF, 114 KB, posted 8/19/2022
Item AHFC005 - September 1, 2022
Authorize negotiation and execution of a loan agreement with Capital A Housing, or an affiliated entity, in an amount not to exceed $195,000 for an ownership development to be known as 1021 E St Johns, to be located at or near 1021 East Saint Johns Avenue, Austin, Texas 78752. District(s) Affected: District 4.
Work Papers and Other Backup Documentation
20220901-AHFC005, Agenda Backup: Backup, PDF, 81 KB, posted 8/19/2022
20220901-AHFC005, Agenda Backup: CIP Fiscal Note, PDF, 37 KB, posted 8/19/2022
20220901-AHFC005, Agenda Backup: Recommendation for Action, PDF, 131 KB, posted 8/19/2022
Item AHFC006 - September 1, 2022
Approve negotiation and execution of a loan agreement and related documents with Foundation Communities, Inc., or an affiliated, entity in an amount not to exceed $1,050,000 for a rental development to be known as Highland Studios located at or near 5900 Airport Blvd Austin, Texas 78752. District(s) Affected: District 4.
Work Papers and Other Backup Documentation
20220901-AHFC006, Agenda Backup: Backup Highland Studios, PDF, 82 KB, posted 8/19/2022
20220901-AHFC006, Agenda Backup: Fiscal Note, PDF, 38 KB, posted 8/19/2022
20220901-AHFC006, Agenda Backup: Recommendation for Action, PDF, 143 KB, posted 8/19/2022
Item AHFC007 - September 1, 2022
Approve negotiation and execution of a loan agreement and related documents with June West, LLC, or an affiliated entity, in an amount not to exceed $2,300,000 for a rental development known as June West located at or near 1200-1206 Koenig Lane, Austin, Texas 78756. District(s) Affected: District 7.
Work Papers and Other Backup Documentation
20220901-AHFC007, Agenda Backup: Backup June West, PDF, 85 KB, posted 8/19/2022
20220901-AHFC007, Agenda Backup: Fiscal Note, PDF, 78 KB, posted 8/19/2022
20220901-AHFC007, Agenda Backup: Recommendation for Action, PDF, 131 KB, posted 8/19/2022
Item AHFC008 - September 1, 2022
Authorize negotiation and execution of a loan agreement with Guadalupe Neighborhood Development Corporation, or an affiliated entity, in an amount not to exceed $3,084,310 for a rental development to be known as La Vista de Lopez, to be located at or near 809 East Ninth Street, Austin, Texas 78702. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20220901-AHFC008, Agenda Backup: Backup, PDF, 84 KB, posted 8/19/2022
20220901-AHFC008, Agenda Backup: Recommendation for Action, PDF, 115 KB, posted 8/19/2022
Item AHFC009 - September 1, 2022
Approve the negotiation and execution of a loan agreement and related documents with the Vecino Bond Group, LLC, or an affiliated entity, in an amount not to exceed $4,500,000 for a rental development to be known as Libertad Austin at Gardner located at or near 900 Gardner Road Austin, Texas 78702. District(s) Affected: District 3.
Work Papers and Other Backup Documentation
20220901-AHFC009, Agenda Backup: Backup, PDF, 85 KB, posted 8/19/2022
20220901-AHFC009, Agenda Backup: Recommendation for Action, PDF, 115 KB, posted 8/19/2022
Item AHFC010 - September 1, 2022
Approve negotiation and execution of a loan agreement and related documents with Austin Habitat for Humanity, Inc., or an affiliated entity, in an amount not to exceed $920,000 for an ownership development to be known as Loyola, to be located at or near 5301 Loyola Lane, Austin, Texas 78723. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20220901-AHFC010, Agenda Backup: Backup, PDF, 82 KB, posted 8/19/2022
20220901-AHFC010, Agenda Backup: Recommendation for Action, PDF, 130 KB, posted 8/19/2022
Item AHFC011 - September 1, 2022
Approve a resolution authorizing the formation of AHFC Norman Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation; approving the form of its certificate of formation and by-laws; appointing its Board of Directors and President; and authorizing AHFC Norman Non-Profit Corporation to act as general partner of the limited partnership that will own a 156-unit multifamily rental development to be known as Norman Apartments located at or near 3811 Tannehill Lane, Austin, Texas. District(s) Affected: District 1.
Executed Resolution
Resolution No. 20220901-AHFC011, PDF, 8.3 MB, posted 9/9/2022
Work Papers and Other Backup Documentation
20220901-AHFC011, Agenda Backup: Draft Resolution, PDF, 41 KB, posted 8/19/2022
20220901-AHFC011, Agenda Backup: Exhibit A, PDF, 268 KB, posted 8/19/2022
20220901-AHFC011, Agenda Backup: Exhibit B, PDF, 143 KB, posted 8/19/2022
20220901-AHFC011, Agenda Backup: Recommendation for Action, PDF, 115 KB, posted 8/19/2022
Item AHFC012 - September 1, 2022
Approve the negotiation and execution of a loan agreement and related documents with FC Parker Housing, LP, or an affiliated entity, in an amount not to exceed $5,563,669 for a rental development to be known as Parker Apartments to be located at or near 2105 Parker Lane, Austin, Texas 78741. District(s) Affected: District 3.
Work Papers and Other Backup Documentation
20220901-AHFC012, Agenda Backup: Backup, PDF, 72 KB, posted 8/19/2022
20220901-AHFC012, Agenda Backup: Recommendation for Action, PDF, 135 KB, posted 8/19/2022
Item AHFC013 - September 1, 2022
Authorize the negotiation and execution of a loan agreement with Austin Affordable Housing Corporation, or an affiliated entity, in an amount not to exceed $9,200,000 for a rental development to be known as Pathway at Rosewood Courts, to be located at or near 2001 Rosewood Avenue, Austin, Texas 78702. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20220901-AHFC013, Agenda Backup: Backup, PDF, 74 KB, posted 8/19/2022
20220901-AHFC013, Agenda Backup: Recommendation for Action, PDF, 114 KB, posted 8/19/2022
Item AHFC014 - September 1, 2022
Approve the negotiation and execution of a loan agreement and related documents with Austin Habitat for Humanity, Inc., or an affiliated entity, in an amount not to exceed $4,671,586 for an ownership development known as Persimmon located at or near 7051 Meadow Lake Boulevard Austin, Texas 78744. District(s) Affected: District 2.
Work Papers and Other Backup Documentation
20220901-AHFC014, Agenda Backup: Backup, PDF, 71 KB, posted 8/19/2022
20220901-AHFC014, Agenda Backup: CIP Expense Backup 1, PDF, 176 KB, posted 8/19/2022
20220901-AHFC014, Agenda Backup: Recommendation for Action, PDF, 135 KB, posted 8/19/2022
Item AHFC015 - September 1, 2022
Authorize the negotiation and execution of a loan agreement with Family Eldercare, or an affiliated entity, in an amount not to exceed $3,400,000 for a rental development to be known as Rosewood II, to be located at or near 2824 and 2826 Real Street, Austin, Texas 78722. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20220901-AHFC015, Agenda Backup: Backup, PDF, 70 KB, posted 8/19/2022
20220901-AHFC015, Agenda Backup: Fiscal Note, PDF, 149 KB, posted 8/19/2022
20220901-AHFC015, Agenda Backup: Recommendation for Action, PDF, 130 KB, posted 8/19/2022
Item AHFC016 - September 1, 2022
Authorize the negotiation and execution of a loan agreement with Austin Area Urban League, or an affiliated entity, in an amount not to exceed $4,000,000 for a rental development to be known as UEZ I, to be located at or near 6314 FM Road 969 Austin, Texas 78724. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20220901-AHFC016, Agenda Backup: Backup, PDF, 69 KB, posted 8/19/2022
20220901-AHFC016, Agenda Backup: Fiscal Note, PDF, 285 KB, posted 8/19/2022
20220901-AHFC016, Agenda Backup: Recommendation for Action, PDF, 114 KB, posted 8/19/2022
Item AHFC017 - September 1, 2022
Approve the meeting minutes of the July 28, 2022, board meeting of the Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20220901-AHFC017, Agenda Backup: July 28, 2022 Draft Minutes, PDF, 91 KB, posted 8/19/2022
20220901-AHFC017, Agenda Backup: Recommendation for Action, PDF, 109 KB, posted 8/19/2022
20220901-AHFC017, Agenda Late Backup: July 28, 2022 Revised Draft Minutes, PDF, 93 KB, posted 9/1/2022
Page updated: 3/25/2025, 3:53pm
Office of the City Clerk