Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
March 8, 2012
Meeting Agenda
AHFC Agenda, 97kb
Actions Taken By Council
Actions taken by the City Council during the March 8, 2012 meeting
Video
Agenda Items - March 08, 2012
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 |
Item AHFC001 - March 8, 2012
Approve the minutes of the February 9, 2012 Board meeting of the Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20120308-AHFC001, Agenda Backup: Recommendation for Board Action, PDF, 66kb
Item AHFC002 - March 8, 2012
Approve the negotiation and execution of a loan to AUSTIN PEOPLETRUST in an amount not to exceed $310,500 for the purchase of nine newly-constructed single-family homes to be sold to low- to moderate-income buyers.
Work Papers and Other Backup Documentation
20120308-AHFC002, Agenda Backup: Recommendation for Board Action, PDF, 74kb
Item AHFC003 - March 8, 2012
Approve the negotiation and execution of a loan to COMMUNITY PARTNERSHIP FOR THE HOMELESS, INC., dba GREEN DOORS, in an amount not to exceed $640,000 to acquire and rehabilitate three properties located at 5801 and 5803 Sweeney Circle and 2907 Sweeney Lane to provide affordable rental housing for twelve low- and very low-income households.
Work Papers and Other Backup Documentation
20120308-AHFC003, Agenda Backup: Fiscal Note, PDF, 57kb
20120308-AHFC003, Agenda Backup: Recommendation for Board Action, PDF, 77kb
Item AHFC004 - March 8, 2012
Approve the negotiation and execution of a loan to the CHESTNUT NEIGHBORHOOD REVITALIZATION CORPORATION, in an amount not to exceed $1,375,268 to acquire six properties located at 1212, 1301, 1301 1/2, 1305 and 1309 Chicon Street and 1807 East 13th Street for a mixed-use development which would include thirty-three (33) attached ownership units to be sold to low- to moderate-income buyers.
Work Papers and Other Backup Documentation
20120308-AHFC004, Agenda Backup: Fiscal Note, PDF, 59kb
20120308-AHFC004, Agenda Backup: Recommendation for Board Action, PDF, 79kb
Item AHFC005 - March 8, 2012
Approve the negotiation and execution of a loan to ESCT AUSTIN HOUSING IV, INC., in an amount not to exceed $624,898 to acquire ten condominium units at 3204 Manchaca Road to be rented to very low-income persons with disabilities.
Work Papers and Other Backup Documentation
20120308-AHFC005, Agenda Backup: Fiscal Note, PDF, 58kb
20120308-AHFC005, Agenda Backup: Recommendation for Board Action, PDF, 76kb
Item AHFC006 - March 8, 2012
Authorize the amendment of the Fiscal Year 2011-2012 Austin Housing Finance Corporation Grant Operating Budget Resolution No. 20110912-AHFC001 to appropriate $2,315,481 for the Colony Park Sustainable Community Pilot Project and authorize negotiation and execution of Amendment Number One to the Fiscal Year 2011- 2012 Service Agreement with the City of Austin in the amount of $2,315,481 for a total contract amount not to exceed $8,936,051.
Work Papers and Other Backup Documentation
20120308-AHFC006, Agenda Backup: Backup, PDF, 18kb
20120308-AHFC006, Agenda Backup: Fiscal Note, PDF, 39kb
20120308-AHFC006, Agenda Backup: Recommendation for Board Action, PDF, 57kb
Item AHFC007 - March 8, 2012
Approve a resolution authorizing the Austin Housing Finance Corporation general manager or treasurer to submit a grant application for up to $500,000 to the FEDERAL HOME LOAN BANK in Dallas, Texas for the purpose of supplementing funding needed to construct affordable rental housing; and authorizing the treasurer or general manager to sign contracts and all other documents related to the administration of the grant award.
Executed Resolution
Resolution No. 20120308-AHFC007, PDF, 17kb
Work Papers and Other Backup Documentation
20120308-AHFC007, Agenda Backup: DRAFT Resolution, PDF, 15kb
20120308-AHFC007, Agenda Backup: Recommendation for Board Action, PDF, 55kb
Page updated: 2/10/2015
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