Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
September 25, 2025: Agenda
Meeting Agenda
Agenda: Austin Housing Finance Corporation (AHFC), 124 KB
Agenda Items - September 25, 2025
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 |
AGENDA
The Board may go into a closed session as permitted by the Texas Open Meetings Act, (Chapter 551 of the Texas Government Code) regarding any item on this agenda.
Consent
Item AHFC001
Authorize negotiation and execution of a loan agreement and related documents with FC Crossroads Housing, LP, or an affiliated entity, in an amount not to exceed $11,700,000 for a multifamily rental development to be known as Crossroads Apartments, located at or near 8801 McCann Drive, Austin, Texas 78757. Funding: $11,700,000 is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20250925-AHFC001, Agenda Backup: Backup, PDF, 103 KB, posted 9/19/2025
20250925-AHFC001, Agenda Backup: Recommendation for Action, PDF, 130 KB, posted 9/19/2025
Item AHFC002
Authorize an increase to the agreement with the Housing Authority of the City of Austin to administer the Austin Housing Finance Corporation’s Local Housing Voucher Program to increase the contract amount by $1,800,045 for a total contract amount of $7,800,045. Funding: $1,800,045 is available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation through the Housing Trust Fund.
Work Papers and Other Backup Documentation
20250925-AHFC002, Agenda Backup: Recommendation for Action, PDF, 126 KB, posted 9/19/2025
Item AHFC003
Authorize negotiation and execution of a loan agreement and related documents with Pathways at Santa Rita Courts West, LP, or an affiliated entity, in an amount not to exceed $5,880,000 for a multifamily rental development to be known as Pathways at Santa Rita Courts West, located at or near 2210 East 2nd Street, Austin, TX 78702. Funding: $4,535,230 is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation. $1,344,770 is available in the Fiscal Year 2025-2026 Operating Budget of the Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20250925-AHFC003, Agenda Backup: Backup, PDF, 104 KB, posted 9/19/2025
20250925-AHFC003, Agenda Backup: Recommendation for Action, PDF, 111 KB, posted 9/19/2025
Item AHFC004
Authorize negotiation and execution of a loan agreement and related documents with St. George’s Senior Housing Limited Partnership, or an affiliated entity, in an amount not to exceed $1,700,000 for a multifamily rental development to be known as St. George’s Court, located at or near 1443 Coronado Hills Drive, Austin, TX 78752. Funding: $1,700,000 is available in the FY2025-26 Operating Budget of the Austin Housing Finance Corporation through 2022 GO Bonds.
Work Papers and Other Backup Documentation
20250925-AHFC004, Agenda Backup: Backup, PDF, 83 KB, posted 9/19/2025
20250925-AHFC004, Agenda Backup: Recommendation for Action, PDF, 110 KB, posted 9/19/2025
Item AHFC005
Authorize negotiation and execution of a loan agreement and related documents with Waverly North, LLC, or an affiliated entity, in an amount not to exceed $5,500,000 for a multifamily rental development to be known as Waverly North, located at or near 3710 Cedar Street, Austin, TX 78705. Funding: $3,273,000 is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation through 2022 GO Bonds. $2,270,000 is available in the Fiscal Year 2024-2025 Operating Budget of the Austin Housing Finance Corporation through Project Connect.
Work Papers and Other Backup Documentation
20250925-AHFC005, Agenda Backup: Backup, PDF, 73 KB, posted 9/19/2025
20250925-AHFC005, Agenda Backup: Recommendation for Action, PDF, 128 KB, posted 9/19/2025
Adjourn
Page updated: 9/19/2025, 4:19pm
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