December 14, 2017 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting
Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
December 14, 2017
Meeting Agenda
Agenda - AHFC, 164kb
Approved Meeting Minutes
Minutes - AHFC, 24kb
Closed Caption Transcript
Transcript - AHFC, 182kb
Video
Play video - December 14, 2017
Agenda Items - December 14, 2017
Scroll down to view each item on the meeting agenda or click on a number to go directly to that item.
Item AHFC001 - December 14, 2017
Approve the meeting minutes of the 3/23/2017, 8/3/2017, 9/13/2017, and 10/19/2017 Austin Housing Finance Corporation.
Work Papers and Other Backup Documentation
20171214-AHFC001, Agenda Backup: 20170323__AHFC, PDF, 40kb, posted 12/4/2017
20171214-AHFC001, Agenda Backup: 20170803__AHFC, PDF, 42kb, posted 12/4/2017
20171214-AHFC001, Agenda Backup: 20170913_AHFC_Minutes, PDF, 40kb, posted 12/4/2017
20171214-AHFC001, Agenda Backup: 20171019__AHFC, PDF, 44kb, posted 12/4/2017
20171214-AHFC001, Agenda Backup: Recommendation for Board Action, PDF, 214kb, posted 12/4/2017
Item AHFC002 - December 14, 2017
Authorize an increase of $1,270,000 to an existing loan to Austin Habitat for Humanity, Inc. or an affiliated entity, for a total loan amount not to exceed $2,520,000 to assist with the development of the Scenic Point Subdivision, Phase II, to provide homeownership opportunities for low- and moderate-income households. District(s) Affected: District 1.
Work Papers and Other Backup Documentation
20171214-AHFC002, Agenda Backup: Recommendation for Board Action, PDF, 236kb, posted 12/4/2017
20171214-AHFC002, Agenda Backup: Scenic_Point_Phase_II_Development_Info_Packet, PDF, 4.0mb, posted 12/6/2017
Item AHFC003 - December 14, 2017
Approve a resolution authorizing the formation of Austin Housing Finance Corporation NIGHTINGALE NON-PROFIT CORPORATION, a Texas non-profit corporation and instrumentality of the Austin Housing Finance Corporation, approving its Certificate of Formation, Articles of Incorporation, By-laws, and appointing its board of directors and president. District(s) Affected: District 2.
Executed Resolution
Resolution No. 20171214-AHFC003, PDF, 1.1mb, posted 1/26/2018
Work Papers and Other Backup Documentation
20171214-AHFC003, Agenda Backup: Draft Resolution, PDF, 240kb, posted 12/4/2017
20171214-AHFC003, Agenda Backup: Exhibit A Certificate of Formation, PDF, 283kb, posted 12/4/2017
20171214-AHFC003, Agenda Backup: Exhibit B Articles of Inc, PDF, 268kb, posted 12/4/2017
20171214-AHFC003, Agenda Backup: Exhibit C Bylaws, PDF, 173kb, posted 12/4/2017
20171214-AHFC003, Agenda Backup: Recommendation for Board Action, PDF, 223kb, posted 12/4/2017
Item AHFC004 - December 14, 2017
Approve the negotiation and execution of a loan agreement with Austin DMA Housing III, LLC, or an affiliated entity, in an amount not to exceed $2,000,000 for a mixed-income, affordable, senior housing development to be known as The Nightingale, located at 5900 Charles Merle Drive in the Goodnight Ranch Planned Unit Development. District(s) Affected: District 2.
Work Papers and Other Backup Documentation
20171214-AHFC004, Agenda Backup: Backup, PDF, 3.4mb, posted 12/4/2017
20171214-AHFC004, Agenda Backup: Recommendation for Board Action, PDF, 240kb, posted 12/4/2017
Item AHFC005 - December 14, 2017
Authorize the Austin Housing Finance Corporation to negotiate and execute an increase in the amount of a proposed loan agreement with the Austin Geriatric Center, Inc., or an affiliated entity, of $3,479,000 for a total loan amount not to exceed $6,479,000 to rehabilitate senior housing at the Rebekah Baines Johnson Center and develop new mixed-income housing on the site located at 21 Waller Street. District(s) Affected: District 3.
Work Papers and Other Backup Documentation
20171214-AHFC005, Agenda Backup: Backup, PDF, 4.9mb, posted 12/4/2017
20171214-AHFC005, Agenda Backup: Recommendation for Board Action, PDF, 257kb, posted 12/4/2017
Item AHFC006 - December 14, 2017
Authorize an increase in the amount of a proposed loan agreement by $1,200,000 to be negotiated and executed with Saigebrook Development, LLC, or an affiliated entity, for a total loan amount not to exceed $3,320,000 to assist with the development of multi-family rental housing, including permanent supportive housing to serve extremely low-income persons and to be located at 3300 Oak Creek Drive. District(s) Affected: District 7.
Work Papers and Other Backup Documentation
20171214-AHFC006, Agenda Backup: Elysium Developer Info Packet, PDF, 3.7mb, posted 12/4/2017
20171214-AHFC006, Agenda Backup: Recommendation for Board Action, PDF, 238kb, posted 12/4/2017
Item AHFC007 - December 14, 2017
Authorize an increase in the amount of a proposed loan agreement by $1,000,000 to be negotiated and executed with LifeWorks Affordable Housing Corporation, or an affiliated entity, for a total amount not to exceed $1,810,000, to assist with the development of the Works at Pleasant Valley, Phase II, to provide affordable rental housing for LifeWorks' clients at the site located at 2800 Lyons Road. District(s) Affected: District 3.
Work Papers and Other Backup Documentation
20171214-AHFC007, Agenda Backup: Recommendation for Board Action, PDF, 241kb, posted 12/4/2017
20171214-AHFC007, Agenda Backup: Works @ PV Phase II Info Packet Updated, PDF, 3.3mb, posted 12/4/2017
Page updated: 2/14/2024, 5:30pm
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