May 22, 2025 Austin Housing Finance Corporation (AHFC) Board of Directors Regular Meeting

Regular Meeting of the Austin Housing Finance Corporation (AHFC) Board of Directors
May 22, 2025

Agenda Items

Item AHFC001 - May 22, 2025

Approve a resolution authorizing the formation of AHFC 501(c)(3) Nonprofit Corporation, a Texas nonprofit corporation and instrumentality of the Austin Housing Finance Corporation, approving its certificate of formation and bylaws, appointing its board of directors and president, and authorizing AHFC 501(c)(3) Nonprofit Corporation to form affiliate 501(c)(3) nonprofit corporations to act as general partners or managing members of the owners of affordable housing developments, general contractors of affordable housing developments, landowners of affordable housing developments, and other entities related to affordable housing developments - all involving Austin Housing Finance Corporation or any of its affiliates. Funding: this item has no fiscal impact.