September 1, 2022 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting
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: 7/22/2025, 8:48am
Office of the City Clerk