Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
May 18, 2023

Agenda Items - May 18, 2023

Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.

Item AHFC001 - May 18, 2023

Approve the meeting minutes of the April 20, 2023, Board of Directors meeting of the Austin Housing Finance Corporation.

Work Papers and Other Backup Documentation

20230518-AHFC001, Agenda Backup: April 20, 2023 Draft Minutes, PDF, 176 KB, posted 5/5/2023

20230518-AHFC001, Agenda Backup: Recommendation for Action, PDF, 108 KB, posted 5/5/2023

Item AHFC002 - May 18, 2023

Approve a resolution appointing Veronica Briseño to replace J. Rodney Gonzales as a Director on the Boards of Directors of 27 nonprofit corporations affiliated with Austin Housing Finance Corporation and appointing Veronica Briseño as the President of each of the nonprofit corporations.

Executed Resolution

Resolution No. 20230518-AHFC002, PDF, 1.2 MB, posted 5/26/2023

Work Papers and Other Backup Documentation

20230518-AHFC002, Agenda Backup: Draft Resolution, PDF, 38 KB, posted 5/5/2023

20230518-AHFC002, Agenda Backup: Recommendation for Action, PDF, 110 KB, posted 5/5/2023

Item AHFC003 - May 18, 2023

Authorize negotiation and execution of a loan agreement with Austin Revitalization Authority, or an affiliated entity, in an amount not to exceed $780,000 to assist with the acquisition of a four-unit affordable housing development located at 3306 Vintage Hills Cove, Austin, Texas 78723. District(s) Affected: District 1.

Work Papers and Other Backup Documentation

20230518-AHFC003, Agenda Backup: Recommendation for Action, PDF, 112 KB, posted 5/5/2023

Item AHFC004 - May 18, 2023

Set a public hearing related to the issuance by the Austin Housing Finance Corporation of up to $50,000,000 of multifamily housing revenue bonds to Seabrook Housing LP, or an affiliated entity, to finance the construction of a multifamily housing development to be known as Seabrook Square located at or near 3515 and 3511 Manor Road, Austin, Texas 78723. (Suggested date: Thursday, June 1, 2023, Austin City Hall, 301 W. 2nd Street, Austin, Texas 78701). District(s) Affected: District 1.

Work Papers and Other Backup Documentation

20230518-AHFC004, Agenda Backup: Backup, PDF, 155 KB, posted 5/5/2023

20230518-AHFC004, Agenda Backup: Recommendation for Action, PDF, 131 KB, posted 5/5/2023

Item AHFC005 - May 18, 2023

Conduct a public hearing regarding a Second Amendment to the Funding Loan Agreement related to the issuance of multi-family housing revenue bonds to Govalle Terrace Partners, LP, for revising the face amount of the bonds to the anticipated amount of $9,600,000 and extending the maturity date to December 1, 2037, to finance the operating costs of a multi-family housing development known as Los Portales de Lena Guerrero, formerly known as Govalle Terrace, located at or near 5225 Jain Lane, Austin, Texas 78721. Related to Item No. #6. District(s) Affected: District 3.

Work Papers and Other Backup Documentation

20230518-AHFC005, Agenda Backup: Backup, PDF, 179 KB, posted 5/5/2023

20230518-AHFC005, Agenda Backup: Draft Amendment V2, PDF, 169 KB, posted 5/10/2023

20230518-AHFC005, Agenda Backup: Draft Second Amendment, PDF, 299 KB, posted 5/5/2023

20230518-AHFC005, Agenda Backup: First Amendment, PDF, 262 KB, posted 5/5/2023

20230518-AHFC005, Agenda Backup: Funding Loan Agreement, PDF, 2.0 MB, posted 5/5/2023

20230518-AHFC005, Agenda Backup: Recommendation for Action, PDF, 116 KB, posted 5/5/2023

Item AHFC006 - May 18, 2023

Approve a resolution authorizing a Second Amendment to the Funding Loan Agreement related to the issuance of Austin Housing Finance Corporation multi-family housing revenue bonds to Govalle Terrace Partners, LP, in substantially the form attached to the resolution, to finance the operating costs of a multi-family housing development known as Los Portales de Lena Guerrero, formerly known as Govalle Terrace, located at or near 5225 Jain Lane, Austin, Texas 78721, and authorizing specific named representatives of the Austin Housing Finance Corporation to execute the documents relating to issuance of the bonds and closing the transaction. Related to Item No. #5. District(s) Affected: District 3.