• Austin City Council
  • 2025
  • January 30, 2025 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting

January 30, 2025 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting

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Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
January 30, 2025


Speaker Registration

icon page   Austin House Finance Corporation (AHFC) Meeting - Hybrid Speaker Registration and Rules

 

Meeting Agenda

icon page  Agenda: Austin Housing Finance Corporation (AHFC),  124 KB

 

Approved Meeting Minutes

icon page  Minutes: Austin Housing Finance Corporation (AHFC),  467 KB

 

Closed Caption Transcript

icon page  Transcript: Austin Housing Finance Corporation (AHFC),  146 KB

 

Video

Play Video - 1/30/2025   Play video - January 30, 2025



Agenda Items - January 30, 2025

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

 


Item AHFC001 - January 30, 2025

Authorize negotiation and execution of a loan agreement and related documents with Industry ATX, LLC, or an affiliated entity, in an amount not to exceed $7,752,000, for an ownership development to be known as Drowsy Willow, located at or near 5901 Drowsy Willow Trail, Austin, Texas 78744. Funding: Funding is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation.

 

Work Papers and Other Backup Documentation

icon page  20250130-AHFC001, Agenda Backup: Backup,  PDF,  819 KB, posted 1/17/2025

icon page  20250130-AHFC001, Agenda Backup: Recommendation for Action,  PDF,  128 KB, posted 1/17/2025

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Item AHFC002 - January 30, 2025

Approve a resolution authorizing an amendment to the Certificate of Formation of AHFC Drowsy Willow Non-Profit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation; approving the form of its certificate of amendment and amended and restated Bylaws; authorizing a ground lease; and authorizing AHFC Drowsy Willow Non-Profit Corporation to act as managing member of a limited liability company, or the general partner of a limited partnership that will construct, finance, manage, and sell approximately 38 affordable, ownership units as part of a Community Land Trust located at or near 5901 Drowsy Willow Trail, Austin, Texas 78744. Funding: This item has no fiscal impact.

 

Executed Resolution

icon page  Resolution No. 20250130-AHFC002,  PDF,  6.3 MB, posted 2/18/2025


Work Papers and Other Backup Documentation

icon page  20250130-AHFC002, Agenda Backup: Draft Resolution,  PDF,  48 KB, posted 1/17/2025

icon page  20250130-AHFC002, Agenda Backup: Exhibit A,  PDF,  769 KB, posted 1/17/2025

icon page  20250130-AHFC002, Agenda Backup: Exhibit B,  PDF,  714 KB, posted 1/17/2025

icon page  20250130-AHFC002, Agenda Backup: Recommendation for Action,  PDF,  115 KB, posted 1/17/2025

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Item AHFC003 - January 30, 2025

Authorize negotiation and execution of a new or amended loan agreement and related documents with Austin Area Urban League, or an affiliated entity, in the amount of $4,001,385, for a total loan amount not to exceed $8,001,385, for the development of a multifamily rental development to be known as UEZ I located at or near 6314 FM 969 Road, Austin, Texas 78724. Funding is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation.

 

Work Papers and Other Backup Documentation

icon page  20250130-AHFC003, Agenda Backup: Backup,  PDF,  102 KB, posted 1/17/2025

icon page  20250130-AHFC003, Agenda Backup: Recommendation for Action,  PDF,  129 KB, posted 1/17/2025

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Item AHFC004 - January 30, 2025

Authorize negotiation and execution of a loan agreement and related documents with Greystar Development Central, LLC, or an affiliated entity, in an amount not to exceed $4,000,000, for the development of a multifamily rental development to be known as St John Redevelopment located at or near 7211 and 7309 North Interstate Highway 35, Austin, Texas 78752. Funding: Funding is available in the Fiscal Year 2024-2025 Capital Budget of the Austin Housing Finance Corporation.

 

Work Papers and Other Backup Documentation

icon page  20250130-AHFC004, Agenda Backup: Backup,  PDF,  854 KB, posted 1/17/2025

icon page  20250130-AHFC004, Agenda Backup: Recommendation for Action,  PDF,  112 KB, posted 1/17/2025

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Page updated: 1/7/2026, 8:58am
Office of the City Clerk